MANDATORY FOR CASH FLOW STATEMENT AND CARO
This query is : Resolved
RAJAT SINHA
(Querist)
27 July 2024
Our company is having 27.00 lakh paid-up capital and secured loan Rs. 1.21 crore, turnover is 11.50 crore in the financial year 2023-24.
1) Whether Cash Flow Statement Required
2) Whether Caro Mandatory
3) Whether Internal Control System required in Audit Report
1) Whether Cash Flow Statement Required
2) Whether Caro Mandatory
3) Whether Internal Control System required in Audit Report
CA R SEETHARAMAN
(Expert)
28 July 2024
1 All companies, except for One Person Companies (OPCs), Small Companies, and Dormant Companies, are required to prepare and furnish a cash flow statement along with their financial statements.
2 CARO not mandatory for your company.
3 Intenal control required in audit report.
2 CARO not mandatory for your company.
3 Intenal control required in audit report.
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