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      Question

      Under CARO 2020, which of the following matters is required to be reported by the auditor?

      A Whether company complied with all provisions of SEBI Act Correct Answer Incorrect Answer
      B Whether company has maintained proper records of fixed assets and conducted physical verification Correct Answer Incorrect Answer
      C Whether directors’ remuneration is fair and reasonable Correct Answer Incorrect Answer
      D Whether company declared dividend as per Companies Act Correct Answer Incorrect Answer
      E None of the above Correct Answer Incorrect Answer

      Solution

      CARO mandates reporting on fixed assets, loans, statutory dues, frauds, etc. It does not cover SEBI Act compliance or dividend declaration.

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