What is CARO 2016?
When CARO is applicable to a company?
Company auditor’s report order (CARO) 2016 is a statement which needs to be given along with Audit report by auditor.
It is required as per Companies Act and is applicable only to the companies incorporated under the companies act.
Further it is a report of auditor where certain points are given for reporting purpose.
Caro is applicable to all companies except:
A small company under section 2(85) of the companies act 2013
NOTE: As per sec 2(85) of companies act 2013 small company means a company , other than a public company
Matters covered under CARO are:
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