Companies (Auditor's Report) Order, 2020 (CARO-2020)


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This document details the Companies (Auditor's Report) Order, 2020 (CARO 2020). It outlines the specific clauses and reporting requirements for auditors when auditing financial statements of eligible companies. The order aims to enhance corporate governance and transparency. It is particularly useful for company auditors, finance professionals, and businesses needing to comply with these reporting standards.

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In pursuance of its objective of strengthening the corporate governance framework under the Companies Act, 2013 to attain the national objective of becoming a $ 5 Trillion economy, using powers conferred under subsection (11) of section 143 of the Companies Act, 2013 and in supersession of the Companies (Auditor's Report) Order, 2016, Ministry of Corporate Affairs issued Companies (Auditor's Report) Order, 2020 vide notification dated 25th February, 2020 effective from same date, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii), vide number S.O. 849 (E), dated 25th February, 2020. #pdf
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