https://www.taxtmi.com/circulars?id=53308 The Order mandates the matters auditors must include in reports under section 143 for applicable companies, including verification and records of fixed assets and inventory, loans to parties in the section 189 register, adequacy of internal controls, compliance with deposit and statutory obligations, maintenance of prescribed cost records, disclosure of arrears and disputed statutory dues and transfer to investor education fund, reporting of significant accumulated losses and cash losses, defaults to lenders, prejudicial loan guarantees, proper application of term loans, and any frauds; auditors must state reasons for unfavourable, qualified or non answerable responses. en-us Fri, 10 Apr 2015 00:00:00 +0530 Sat, 11 Apr 2015 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53308 The Order mandates the matters auditors must include in reports under section 143 for applicable companies, including verification and records of fixed assets and inventory, loans to parties in the section 189 register, adequacy of internal controls, compliance with deposit and statutory obligations, maintenance of prescribed cost records, disclosure of arrears and disputed statutory dues and transfer to investor education fund, reporting of significant accumulated losses and cash losses, defaults to lenders, prejudicial loan guarantees, proper application of term loans, and any frauds; auditors must state reasons for unfavourable, qualified or non answerable responses. Circulars Companies Law Fri, 10 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53308