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CARO

Latest Articles


Reporting Loans, Guarantees, Securities & Investments under CARO, 2020

Company Law : Learn about CARO, 2020 guidelines for reporting loans, guarantees, security, and investments by companies to ensure compliance and...

July 18, 2024 528 Views 0 comment Print

Reporting Paragraphs in Audit Report & FAQs on Audit Trail under Rule 11(g)

Company Law : Ensure compliance with updated Reporting on Audit Trail under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014 for 202...

July 18, 2024 840 Views 0 comment Print

Going Concern – Standards on Auditing (SA) 570

CA, CS, CMA : Explore the significance of SA 570 in financial audits, focusing on the going concern basis, auditor responsibilities, risk assess...

March 5, 2024 1443 Views 0 comment Print

21 FAQ’s on Companies Auditor Report Order (CARO) 2020 in India

Company Law : Get answers to 21 FAQs on the Companies Auditor Report Order (CARO) 2020 in India. Understand reporting requirements, compliance, ...

August 31, 2023 10341 Views 0 comment Print

Audit Manual for Small & Medium Enterprises (SME) for Financial Year 2022-2023

Company Law : Unlock the insights of the Audit Manual tailored for Small & Medium Enterprises (SME) for the Financial Year 2022-2023. Navigate t...

July 31, 2023 51243 Views 4 comments Print


Latest News


Guidance Note on Companies (Auditor’s Report) Order, 2020 (Revised 2022 Edition) 

Company Law : Guidance Note on the Companies (Auditor’s Report) Order, 2020 (CARO 2020) to provide detailed guidance on reporting requirement...

July 16, 2022 52668 Views 0 comment Print

Exposure Draft of Revised Guidance Note on CARO 2020

Company Law : Exposure Draft of Revised Guidance Note on CARO 2020 issued by the Auditing and Assurance Standards Board of ICAI The Auditing and...

June 11, 2022 4713 Views 0 comment Print

Implementation Guide on Reporting under Rule 11(e) & 11(f) of Companies (Audit and Auditors) Rules, 2014

Company Law : Implementation Guide on Reporting under Rule 11(e) and Rule 11(f) of the Companies (Audit and Auditors) Rules, 2014 The Ministry o...

April 26, 2022 30924 Views 0 comment Print

CARO 2016 applicable for November 2021 CA IPCC /Intermediate/Final Exams

CA, CS, CMA : This is to bring to the attention of the students that Companies (Auditor’s Report) Order, 2016 issued by Ministry of Corporate ...

July 26, 2021 699 Views 0 comment Print

CARO 2020 not applicable for May 2021 CA Examinations

CA, CS, CMA : Companies (Auditor’s Report) Order, 2020 is not applicable for the IPCC, Intermediate, Final (Old) and Final (New) examinations ...

February 11, 2021 5235 Views 0 comment Print


Latest Notifications


NFRA Circular on Statutory Auditors’ Responsibilities in Reporting Fraud in a Company

Company Law : NFRA issued a circular highlighting statutory auditors' obligations to report fraud in accordance with Companies Act, 2013. Circu...

June 26, 2023 10356 Views 0 comment Print

MCA deffers Applicability of CARO 2020 to FY 2021-22

Company Law : MCA vide order dated 17.12.2020 has changed the applicability date of Companies (Auditor’s Report) Order, 2020 to the financial ...

December 17, 2020 68169 Views 0 comment Print

MCA defers applicability of CARO 2020 to 1st April 2020 (FY 2020-21)

Company Law : MCA has vide its order dated 24th March 2020 announced that CARO 2020 will applies, for the financial years commencing on or after...

March 24, 2020 36108 Views 1 comment Print

Companies (Auditor’s Report) Order, 2020 (CARO 2020)

Company Law : (1) This Order may be called the Companies (Auditor's Report) Order, 2020. (2) It shall apply to every company including a foreign...

February 25, 2020 283908 Views 9 comments Print


Latest Posts in CARO

Reporting Loans, Guarantees, Securities & Investments under CARO, 2020

July 18, 2024 528 Views 0 comment Print

Learn about CARO, 2020 guidelines for reporting loans, guarantees, security, and investments by companies to ensure compliance and reliable financial reporting.

Reporting Paragraphs in Audit Report & FAQs on Audit Trail under Rule 11(g)

July 18, 2024 840 Views 0 comment Print

Ensure compliance with updated Reporting on Audit Trail under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014 for 2024. Understand reporting paras and FAQs.

Going Concern – Standards on Auditing (SA) 570

March 5, 2024 1443 Views 0 comment Print

Explore the significance of SA 570 in financial audits, focusing on the going concern basis, auditor responsibilities, risk assessment, and COVID-19 impact. Learn about reporting requirements and potential impacts on the auditors report.

21 FAQ’s on Companies Auditor Report Order (CARO) 2020 in India

August 31, 2023 10341 Views 0 comment Print

Get answers to 21 FAQs on the Companies Auditor Report Order (CARO) 2020 in India. Understand reporting requirements, compliance, and key considerations for your company’s audit.

Audit Manual for Small & Medium Enterprises (SME) for Financial Year 2022-2023

July 31, 2023 51243 Views 4 comments Print

Unlock the insights of the Audit Manual tailored for Small & Medium Enterprises (SME) for the Financial Year 2022-2023. Navigate through key changes, accounting standards, audit program formats, and essential documents. Stay compliant with the latest updates, including changes in CARO 2020, Schedule III, and more. Optimize your audit procedures and ensure precision in financial reporting.

NFRA Circular on Statutory Auditors’ Responsibilities in Reporting Fraud in a Company

June 26, 2023 10356 Views 0 comment Print

NFRA issued a circular highlighting statutory auditors’ obligations to report fraud in accordance with Companies Act, 2013. Circular emphasizes consequences for auditors who fail to fulfill their reporting duties and clarifies that resignation does not absolve them of their responsibilities.

Common Errors in CARO (Company Auditor’s Report Order): A Comprehensive Analysis

June 23, 2023 15246 Views 0 comment Print

Uncover insights into common errors in the Company Auditor’s Report Order (CARO) with our comprehensive analysis. Discover the significance of CARO in ensuring transparent corporate reporting and learn how auditors can address errors to maintain credibility. From inadequate compliance to insufficient audit evidence, inaccurate reporting, and non-disclosure of related party transactions, each section provides a deep dive into key challenges auditors face.

Format of CARO (Companies Auditor’s Report Order), 2020 in word

October 15, 2022 41709 Views 0 comment Print

Get the format of CARO (Companies Auditors Report Order), 2020 in word. Learn how to prepare the Annexure to the independent auditors report.

Internal Audit Applicability under Companies Act, 2013 & CARO Reporting

September 29, 2022 58605 Views 1 comment Print

Understand the applicability of internal audit under the Companies Act, 2013 & CARO reporting. Learn how it helps evaluate risk management, control, and governance processes.

CARO Checklist 2022

September 22, 2022 36942 Views 2 comments Print

Article contains Checklist for Matters to be included in auditor’s report under Companies (Auditor’s Report) Order (CARO) as applicable for financial statement of Financial year 2021-22.

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