For may 2021 audit subject is CARO 2020 applicable or CARO 2016?
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Quick Summary
This discussion clarifies which version of the CARO (Companies Auditor's Report Order) is applicable for the CA Inter May 2021 exams. It confirms that CARO 2016 is the relevant standard, as CARO 2020 has been deferred by the ICAI for these exams.