Companies Auditor Report Order or simply CARO is a regulation that Ministry of Corporate Affairs deferred its implementation of stricter audit rules untilFY2021-22 amid pandemic.

Adoption of CARO 2020 will involve a significant and comprehensive amount of reporting procedures ... with high implications on CFOs, auditors and investors!

Execution of stricter audit rules requires time for users but its repeated deferment may lose its significance too.

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