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    <title>Revised Independent Auditor&#039;s Report for private limited companies (Illustrative) For Private Limited Company with Cash Flow without CARO &amp; IFC</title>
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    <description>Independent auditor&#039;s opinion states the financial statements present a true and fair view in conformity with applicable Accounting Standards; the auditor conducted the audit under the Standards on Auditing, confirming independence and sufficiency of evidence and noting Key Audit Matters may be communicated. Management is responsible for preparation of the financial statements, maintenance of accounting records and internal financial controls and assessment of going concern. The auditor&#039;s statutory report addresses required checks under the Act including books of account, agreement of statements with records, compliance with Accounting Standards, directors&#039; non disqualification, specified disclosures under audit rules, and representations on related party/intermediary funding arrangements.</description>
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