[ad_1] Background: Company Auditor Report Order (CARO) is an order which lists the matters on which it is necessary to report to an auditor as per section 143(11) of the Companies Act, 2013. Thus, the auditors of the entities to which CARO is applicable are required to report on certain clauses prescribed in the order. Earlier it was CARO 2016 which has 16 sections but on 25.02.2020 notify MCA CARO 2020 which has 21 sections. CARO 2020 is applicable for audits for the financial years commencing on or after 1st…
Friday, September 22, 2023
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