Sale!

Taxmann CARO 2020

Original price was: ₹1,695.Current price is: ₹1,356.

Publisher

Language

Authors

Binding Type

Edition

Date of Publication

Taxmann CARO 2020

This book provides a para-wise commentary on Companies (Auditor’s Report) Order (CARO). It is a complete guide on the applicability and the matters that need to be reported by an Auditor on CARO. This book will be helpful for Auditors.

CARO 2020

Original price was: ₹1,695.Current price is: ₹1,356.

Add to cart
    SKU: Taxmann-50 Category: Tags: ,

    Taxmann CARO 2020 Description

    This book provides a para-wise commentary on Companies (Auditor’s Report) Order (CARO). It is a complete guide on the applicability and the matters that need to be reported by an Auditor on CARO. This book will be helpful for Auditors.

    The Present Publication is the 9th Edition, amended up to 31st July 2022, authored by CA Srinivasan Anand G. This book is divided into two divisions:

    • CARO Reporting under CARO 2020 (Applicable from Financial Year 2021-22)
    • CARO Report on Consolidated Financial Statements under CARO 2020

    The noteworthy features of this book are as follows:

    • [All-about CARO 2020] which includes the following topics:
      • Features of CARO 2020
      • Audit Requirements (Other Audits vs Reporting Requirements u/s 143 of the Companies Act 2013)
      • Clause-wise Analysis & Commentary on Clauses (i) to (xx) of Para 3 & 4 of CARO 2020
    • [Para-wise Commentary] dealing with clauses (i) to (xx)
      • Interpretation Requirements of the Clause in light of the following:
        • Applicable Legal Provisions
        • Relevant Standards on Auditing
        • Revised 2022 Guidance Note of ICAI on CARO 2020
      • Applicable Requirements of Schedule III of the Companies Act 2013
      • Requirements of Section 143(1) to (3) applicable to the Clause’
      • NFRA’s Interpretation of the Reporting Requirements of the Clauses and lapses on the part of auditors pointed out by NFRA in Audit Quality Review Reports (AQRR)
      • Audit Checklists
      • Audit Documentation
      • Sample Auditors’ Remarks under the relevant Clause
      • Corporate Practices (extracts from the annual reports)
    • [FAQs] on CARO 2020
    • [Clause-wise Ready Reckoner] on CARO 2020

    The contents of this book are as follows:

    • CARO Reporting under CARO, 2020 (Applicable from Financial Year 2021-22)
      • Introduction
      • Additional Regulatory Information Disclosure Requirements of Schedule III vis-a-vis CARO, 2020
      • Applicability of CARO, 2020
      • Property, Plant and Equipment
      • Intangible Assets
      • Title Deeds of all Immovable Properties Disclosed in Accounts
      • Proceedings Pending against the Company for Holding Benami Property
      • Inventory
      • Quarterly Statements Submitted to Banks/FIs by Companies Enjoying Sanctioned Working Capital Limits
      • Loans or Advances in the Nature of Loans or Guarantees or Security Provided to, or Investments made in, Other Entities
      • Reporting on Compliance with Sections 185 and 186 as Regards Loans, Investments, Guarantees and Securities
      • Acceptance of Public Deposits and Deemed Deposits
      • Maintenance of Cost Records
      • Payment/Non-Payment of Statutory Dues
      • Transactions not Recorded in the Books and Surrendered or Disclosed as Income in Tax Assessment
      • Company Defaults in Repayment of Loans/Other Borrowings/in Payment of Interest to any Lender
      • The End Use of Term Loans
      • ‘Asset-Liability Maturity Mismatch’ – Use of Short-Term Funds for Long-Term Purposes
      • Funds Taken from Other Entities by Company to Meet Obligations of Subsidiaries, Associates or JVs
      • Whether Company has Raised Loan on Pledge of Securities in Subsidiaries, Associates or JVs
      • End Use of Money Raised by Way of IPO/FPO
      • Private Placement/Preferential Allotment of Shares/FCDs/PCDs/OCDs
      • Frauds Noticed/Reported
      • Reporting of Compliances by Nidhi Companies
      • Related Party Transactions
      • Internal Audit
      • Non-Cash Transactions Involving Directors or Connected Persons
      • Registration of NBFCs U/S 45-IA of RBI Act, 1934
      • Whether Company has Incurred Cash Loss
      • Resignation of Statutory Auditors
      • Material Going Concern Uncertainty
      • Transfer of Unspent CSR Funds
      • Reasons to be Stated by Auditor for Qualified or Adverse Remarks
        in CARO Report
    • CARO Report on Consolidated Financial Statements under CARO, 2020
      • Qualified/Adverse Remarks in CARO Reports of Companies Included in Consolidated Financial Statements

    Taxmann CARO 2020

    Publisher

    Language

    Authors

    Binding Type

    Edition

    Date of Publication