CARO 2020: New Audit Disclosures Aim To Prevent IL&FS-Like Situation
Closeup of a calculator, and a financial statement. (Image: Wikimedia Commons)

CARO 2020: New Audit Disclosures Aim To Prevent IL&FS-Like Situation

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Representation of funds, transfer of properties, ability to discharge liabilities, and disclosures on loans, guarantees, and investments of a company will now come under auditor scrutiny.
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