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May 6, 2024 · As per the Ministry of Corporate Affairs (MCA) order dated 25 February 2020, CARO 2020 was applicable for the Financial Year (FY) 2019-20 onwards. Subsequently, the MCA amended the applicability of CARO 2020 from FY 2019-20 to 2020-21 through its order dated 17 December 2020.
Jul 5, 2022 · Understand the CARO Reporting format applicable from April 2022 for companies. Learn about the exemptions and requirements for financial statements.
(Auditor’s Report) Order, 2020 (CARO 2020) on 25th February 2020. CARO 2020 was initially applicable for audits of financial year 2019-20 and onwards. Subsequently its applicability was deferred two times vide notification dated 24th March 2020 and 17th December 2020. CARO 2020 is applicable for audits of financial year 2021-22 and onwards.
Feb 22, 2024 · Applicability of the CARO report is on the following matters: Details of tangible and intangible assets. Details of investment, guarantees, security advances, or loans granted. Details of inventory and working capital. Compliance for deposits accepted. Compliance related to the loan to directors. Funds raised and utilized.
Feb 1, 2024 · applicable for financial year commencing on or after April 1, 2021. However, its applicability has been deferred two times and this requirement is finally applicable from April 1, 2023.
Jul 13, 2022 · Applicability of CARO Report: Matters. Applicability of CARO Report is on the following matters: Details of tangible (Property, Plant, Equipment) and intangible assets; Details of investments, guarantees, security or advances or loans granted. Details of inventory and working capital; Compliance in respect of deposits accepted.
Jun 13, 2024 · Discover the essential 2023-24 Audit Manual for SMEs. Stay updated with changes in CARO 2020, Schedule III, and more. Download editable formats now!
