Audit report
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 August 2011
Annexure to the Auditor’s Report
(Referred to in Paragraph (3) of our report of even date)
when the above Annexure/matter is included in audit report
what are the condition..plz reply..
(Referred to in Paragraph (3) of our report of even date)
when the above Annexure/matter is included in audit report
what are the condition..plz reply..
Kaushal Jha
(Expert)
31 August 2011
this is called CARO report (Companies Auditor's Report Order, 2003). Caro report is applicable in specific cases.
1) if the co. is public co. or
2) if paid up capital & reserve is over Rs. 50 lakh or
3) if turnover is 5 crore or more or
4) if the company has taken loan from financial institutions/banks in excess of Rs. 25 Lakh
Kindly check the details for more information.
1) if the co. is public co. or
2) if paid up capital & reserve is over Rs. 50 lakh or
3) if turnover is 5 crore or more or
4) if the company has taken loan from financial institutions/banks in excess of Rs. 25 Lakh
Kindly check the details for more information.
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