What Does CAB Stand For?
CAB stands for Cost Audit Board
The Cost Audit Board (CAB) is a regulatory body responsible for overseeing and conducting audits of cost-related financial information within organizations. Its primary objective is to ensure compliance with relevant financial regulations, enhance transparency, and promote efficient cost management practices. By assessing cost structures and methodologies, the CAB provides insights and recommendations that help organizations optimize their financial performance and accountability.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym