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What is the purpose of the Companies (Auditor’s Report) Order (CARO) 2016?
  • a)
    To regulate the audit profession in India.
  • b)
    To provide guidance to auditors on report formatting.
  • c)
    To specify matters that need to be included in the auditor's report.
  • d)
    To require auditors to report on cybersecurity measures.
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What is the purpose of the Companies (Auditor’s Report) Order (CARO) 2...
The Companies (Auditor’s Report) Order, 2016 (CARO 2016) specifies the matters that must be included in the auditor's report for companies whose financial year commences on or after April 1, 2015. It outlines various reporting requirements for auditors to follow.
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What is the purpose of the Companies (Auditor’s Report) Order (CARO) 2016?a)To regulate the audit profession in India.b)To provide guidance to auditors on report formatting.c)To specify matters that need to be included in the auditor's report.d)To require auditors to report on cybersecurity measures.Correct answer is option 'C'. Can you explain this answer?
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What is the purpose of the Companies (Auditor’s Report) Order (CARO) 2016?a)To regulate the audit profession in India.b)To provide guidance to auditors on report formatting.c)To specify matters that need to be included in the auditor's report.d)To require auditors to report on cybersecurity measures.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the purpose of the Companies (Auditor’s Report) Order (CARO) 2016?a)To regulate the audit profession in India.b)To provide guidance to auditors on report formatting.c)To specify matters that need to be included in the auditor's report.d)To require auditors to report on cybersecurity measures.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the purpose of the Companies (Auditor’s Report) Order (CARO) 2016?a)To regulate the audit profession in India.b)To provide guidance to auditors on report formatting.c)To specify matters that need to be included in the auditor's report.d)To require auditors to report on cybersecurity measures.Correct answer is option 'C'. Can you explain this answer?.
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