Tag Archives: Audit Report

Demonetization impact on Audit Report for FY 2016-17

 Demonetization impact on Audit Report for FY 2016-17 In one of the historical reforms of the economy of India, Rs 500 and Rs 1,000 notes were banned effective from Tuesday midnight i.e on midnight of 08.11.2016 Demonetization impact on Audit Report : Notifications of Govt of India Before Audit , Auditor needs to have read… Read More »

16 Points to be reported by Auditor as per CARO 2016 in Audit Report

CARO 2016 As per Companies (Auditor’s Report) Order 2016 Notified on 29.03.2016, CARO 2016 will apply for the audit of Financial Year 2015-16 and onwards. It has 16 clauses. Also Read  CARO 2016 Applicability Conditions 16 Points to be reported by Auditor as per CARO 2016 (i) (a) whether the company is maintaining proper records showing full… Read More »