What is R S Sharma Expert Committee ?

R S Sharma Expert Committee:      
TheUnionminiry of Corporate Affairs on 19 July 2014 constituted R S Sharma Expert Committee on Cost Records and Cost Audits. The Committee will submit the report within three months.
The Expert Committee will review the Companies (Cost Records and Audit) Rules 2014 and the need to have a comprehensive policy towards the role of the cost professions in the corporate and other sectors of economy.

The Composition of the Committee:
R. S. Sharma, former Chairman and Managing Director, ONGC Chairman R.K. Jain, Additional Secretary, Ministry of Health & Family Welfare Member Chandra Wadhwa, former President, ICWAI Member Aruna Sethi, Adviser (Cost), Ministry of Corporate Affairs Member Convener.