<h1>Auditors Must Verify Fixed Assets, Loans, and Compliance as per CARO 2015 for Transparent Financial Reporting.</h1> The CARO 2015 outlines specific requirements for auditors to include in their reports. It mandates verification of a company's fixed assets and inventory, ensuring proper records and addressing discrepancies. Auditors must evaluate the company's loan practices, internal controls, and compliance with Reserve Bank of India directives and Companies Act provisions. The report should also cover statutory dues, investor education fund transfers, financial health, defaults on financial obligations, guarantees for loans, application of term loans, and any fraud incidents. These assessments aim to ensure transparency and accountability in financial reporting and corporate governance.