Audit Trail in Accounting software is made compulsory by MCA w.e.f 01.04.2023
Background: MCA by notification dated 24.03.2021, inserting provision in company (accounts) rule 2014 had made audit trail in accounting software mandatory with effect from 01.4.2021. Provision regarding audit trail may be read as follows: “every company which uses accounting software for maintaining its books of accounts shall use every such accounting software which has features … Read more