Caro-fixed assets wording

Toshar Ahuja (Chartered Accountant) (107 Points)

13 August 2013  

In CARO Report

In respect of fixed assets

a)  The records maintained by the Company need to be improved to show full particulars, including quantitative details & situation of fixed assets

The above wording to be used in CARO report because the Company is not maintained all the records of fixed assets till the date of balance sheet,  this wording is correct or not????