https://www.taxtmi.com/news?id=14319 Annexure to the auditor's report under CARO 2015 requires auditors to report on whether fixed assets and inventory are properly recorded and physically verified, note material discrepancies and their accounting treatment, disclose loans to parties in the register under section 189 including receipt and recovery of principal and interest, assess adequacy of internal controls for purchases, sales and assets, report compliance with deposit and statutory provisions, maintenance of cost records, defaults to financial creditors, guarantees prejudicial to company interests, proper application of term loans, accumulated losses and cash losses, and any fraud noticed with its nature and amount. en-us Sat, 11 Apr 2015 10:34:52 +0530 Sat, 11 Apr 2015 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14319 Annexure to the auditor's report under CARO 2015 requires auditors to report on whether fixed assets and inventory are properly recorded and physically verified, note material discrepancies and their accounting treatment, disclose loans to parties in the register under section 189 including receipt and recovery of principal and interest, assess adequacy of internal controls for purchases, sales and assets, report compliance with deposit and statutory provisions, maintenance of cost records, defaults to financial creditors, guarantees prejudicial to company interests, proper application of term loans, accumulated losses and cash losses, and any fraud noticed with its nature and amount. News - Sat, 11 Apr 2015 10:34:52 +0530 https://www.taxtmi.com/news?id=14319