Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>New Auditor's Report Order 2016: Key Exemptions and Criteria for Private Companies Under Companies Act 2013</h1> The Companies (Auditor's Report) Order, 2016, issued by the Ministry of Corporate Affairs, supersedes the 2015 Order under the Companies Act, 2013. It applies to all companies, including foreign companies, except for banking and insurance companies, companies operating under section 8 of the Companies Act, One Person Companies, small companies, and certain private limited companies. Exempt private companies must not be subsidiaries or holding companies of public companies, and must meet specific financial criteria regarding paid-up capital, borrowings, and total revenue. This Order outlines the requirements for auditor reports for applicable companies.