Nature of Audit Trail Requirements Effective from 1st April 2023: Is your HR Sof

Apr 24, 2023

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The Ministry of Company Affairs (MCA) has made it mandatory for every organization to have an audit trail feature in their accounting software from 1st April 2023.<br><br>As a result, the companies using accounting software are required to have audit trails facility to stay compliant with the provisions listed in the Companies (Accounts) Rules, 2014.<br><br>Technically this rule is applicable for Accounting Systems, however it is recommended that all Financial Systems (Like Fixed Assets Management system, Point of Sales, Payroll etc.) which post data to Accounting system shall also have Audit trail

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Nature of Audit Trail Requirements Effective from 1st April 2023: Is your HR Sof

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