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Regular Audit Updates / Tips / Videos / Notes for CA Inter & CA Final Audit
by CA Ravi Taori

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Fraud occurred in company, cashier ran away with cash of 50 lakhs, auditor detected it. Company accounted for fraud as loss and disclosed it in notes to accounts. What should auditor report ?
Anonymous Poll
24%
Qualified Opinion
12%
Adverse Opinion
10%
Unmodified Opinion
8%
Other Matter Para
18%
Emphasis of Matter Para
28%
Unmodified & Emphasis of Matter Para
Company is taking wrong investment and business decisions, he thinks company will regret such decisions. TCWG says it’s part of business.They started accounting of losses as per FRF. But future looks dark, no going concern issues.What to report ?
Anonymous Quiz
31%
Clean Opinion
28%
Qualified Opinion
21%
Adverse Opinion
14%
Disclaimer
6%
Withdraw
CARO 2020 applicable from May 22 Exams.

This is our video on CARO 2020 with Charts.

Only definition of Small Company is unamended. Limit should be 2 crores and 20 crores for paid up capital and turnover. Rest all is fine.

https://youtu.be/a4IYoNgjPG0
CA Inter Audit Books May Nov 22, ICAI to OUR Notes to ICAI Module Mapping is given at the end of Bhaskar Notes, See below given Files !!!
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