Tuesday, 15 September 2015

Learn CARO, 2015 in just a minute.

Lets Begin!!

We have to learn one line to learn each point of CARO , 2015.

Line is:

"FIL ID Code - SAD GUN"

1. F : Fixed assets
2. I : Inventories

3. L : Loans u/s 189

4. I : internal control system

5. D : Deposited

6. Code : Cost records

7. S : Statutory dues

8. A : Accumulated Losses

9. D : Default of repayment

10. G : Guarantee for Loan

11. U : Usage of Term Loan

12. N : Noticed any fraud and its reporting ?

- CA Kasliwal Ambar

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