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CARO Applicability for Small Companies - CARO Applicable on Small Company with New / Old Definition? discussed by CA. (IP) Vivek Khurana. - • CARO 2020-Applicabilit...
ICAI Guidance Note on CARO 2020 (Revised 2022):-
“12. The applicability of the Order would be based on the status of the company as at the balance sheet date. It may also be noted that in case a company is covered under the definition of small company, it will remain exempted from the applicability of the Order even if it falls under any of the criteria specified for private company.”
Check Complete Video on CARO Applicability, Link Below
• CARO 2020-Applicabilit...
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ICAI Guidance Note on CARO 2020 (Revised 2022):-
“12. …The applicability of the Order would be based on the status of the company as at the balance sheet date. It may also be noted that in case a company is covered under the definition of small company, it will remain exempted from the applicability of the Order even if it falls under any of the criteria specified for private company.”
Check Complete Video on CARO Applicability, Link Below
• CARO 2020-Applicabilit...
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