This CARO 2020 class is applicable for BOTH Inter & Final Students. Even Practising professional will find it very useful to update themselves. Notes Link: drive.google.com/file/d/1KMphxpWx8v1Gofo0DGdj0B4wk2L4fo32/view?usp=sharing 00:00:00 - Intro 00:00:56 - 00:23:00 - How to Study CARO? 00:23:10 - 00:25:10 - Brief of Questions & Answers 00:27:10 - 00:34:30 - Introduction to CARO 00:34:31 - 00:52:26 - Applicability of CARO 2020 00:53:06 - 00:54:54 - How to Read Clauses? 00:54:55 - 01:44:30 - Para 3 (i) : Fixed Assets 01:45:26 - 01:58:50 - Para 3 (ii) : Inventory 01:58:53 - 02:00:06 - Revision of Copy Notes 02:01:10 - 02:36:43 - Para 3 (iii) : Loans, Guarantee, Security (LGS) and Investments, 02:36:44 - 02:50:38 - Para 3 (iv) : Loans & Investments [Legal Compliance] 02:50:39 - 02:58:44 - Para 3 (v) : Deposits Accepted 03:00:58 - 03:04:40 - Question on Para 3 (iii) : Loans, Guarantee, Security (LGS) and Investments and Para 3 (iv) : Loans & Investments [Legal Compliance] 03:04:53 - 03:08:45 - Para 3 (vi) : Cost Records 03:08:46 - 03:28:15 - Para 3 (vii) : Statutory Dues 03:28:22 - 03:31:15 - Para 3 (viii) : Previously Unrecorded Income 03:31:35 - 03:53:48 - Para 3 (ix) : Defaulter Company 03:54:37 - 04:10:47 - Para 3 (x) : Utilization of Issue Proceeds 04:10:56 - 04:30:25 - Para 3 (xi): FRAUD 04:30:52 - 04:40:56 - Para 3 (xii): Nidhi Company 04:40:58 - 04:46:48 - Para 3 (xiii): RPT Disclosure 04:46:49 - 04:50:55 - Question on Para 3 (iii) : Loans, Guarantee, Security (LGS) and Investments and Para 3 (xiii): RPT Disclosure 04:50:56 - 04:51:55 - Question on Para 3 (xiii): RPT Disclosure 04:52:11 - 04:53:55 - Para 3 (xiv): Internal Audit System 04:53:58 - 04:58:12 - Para 3 (xv): Barter 04:58:13 - 05:10:43 - Para 3 (xvi): NBFC - HFC - CIC 05:10:44 - 05:13:19 - Para 3 (xvii): Cash Losses 05:13:54 - 05:15:11 - Para 3 (xviii): Resignation of Previous Auditor 05:15:12 - 05:19:21 - Para 3 (xix): Going Concern on Ratio Analysis 05:19:22 - 05:33:42 - Para 3 (xx): Unspent CSR 05:33:44 - 05:35:48 - Para 3 (xxi): Qualified CARO in Group Company’s FS 05:36:32 - 05:38:30 - Use of How to Study CARO? 05:38:40 - 05:41:47 - Revision of Clause Names of CARO 2020
Sir u r just amazing amazing faculty....i had came through....the way uh teach sachh mein bore nhi hote h....aur kahani ki tarah chp khatam ho jaata h....grt fan of urs sir.
Today is the day m realising what a big mistake i did by not taking regular classes from you sir , most of my seniors suggested me to take CMA inter classes from u but i didn't do so. Cannot disclose the name of the classes but they haven't started yet with grp 2 syllabus,jabki my attempt for both grp is in dec 2023. I was feeling so depressed that if"ll will be able to complete my portion on time and den i came accross ur audit lecs sir . I wish i'd listened to my seniors and took classes from you sir. I can't even explain how much dis videos are helpful rn for me 😭. Thanks alot sir ❤️
Thank you so much sir At first look I made howa of CARO It looked scary to me but you this lecture broke my mindset very beautifully explained and on point.
Thank u sir. Love u. Maine aapki kafi class dekhi he. Ham jaise log jo CA nahi kar pate wo bhi aap jaise teacher ki class dekhke apna kafi knowladge badha sakte he. Thank u sir for all lecture. God bless you sir.
I have taken ca final class from pankaj Agrawal sir . But there is a huge difference the way you teach in depth, practical examples you give ,it gives more clarification .
I envy you for the immense knowledge you have about be it on any topic. I wish to meet you once in my life, not as a student teacher but as my mentor. I will reach you out once after my exams . Really stressed about career/life and wish to discuss about this with you sir in personal once...i wish if this is possible by any chance. Truly an inspiration you are. ❤
Sir reporting is required in all cases even if company complies with all 21 clauses? I mean if company complies with all the 21 clauses, does the auditor still have requirement to report?
Sir Cash Credit ( WC Loan ) Avail karne ke liye jo stock co bank ke pass girvi rakhti hai kya wo stock in oridinary course of business co sell kar sakti hai till repayment ?
What a grate teacher u r .... You already know what mistake people do while studying they learn or try to learn word to word and at the begining itself you said not to learn just keyword is required to be remembered Thanks for this video
"Memory tips" Clause 1 se 11 tak FILL-DC-SP DEFAULT kiya phir IPO issue kiya, FRAUD karne k liye. Clause 18 - link with clause 8 part 1 of 1st schduele from prof. Ethics. Clause 20 - CSR mein 2% Spent karna hota hai... I hope it was helpful.🔥
Sir a humble request- Can you please provide us classes on code of ethics for CA Final? There's no such video which explains it in detail like this one for CARO. It will help a lot of us.
Thank god, I feel like I found a God of Audit, lecture is too the point and precise and highly knowledgeable. I always afraid of this chapter of caro.. I just want to do this 🙏 for uploading videos, Best ever class.
Audit is my most weakest subject, never found interesting, though I have seen other few teachers videos on UA-cam, but this one is outstanding, Sir thanks for uploading.
Hello sir. Why you aren’t active on UA-cam these days? Those short important charts & concept videos both at inter & final levels in Law subject were so helpful as you use to upload it on a daily basis. Need more of those videos if possible by your side. Thankyou sir. Take care 😄
Sir i m not ca student but i m law student whenever i face problem in law i just search ur video with name and my problem solve ...i really like d way u write notes and explain thank u sir.. respect and gratitude 🙏
Thank you a lot sir for such wonderful class ! By this class I could not only understand CARO 2020 in depth but also could understand that how to learn any topic :)
Sir, Your lectures are amazing. One cannot have any doubt on any topic if you have taught it. But really disappointed to know that you dont provide Fastrack lectures. Request you to please make available audit and law Ca final Fastrack lectures. It will be really helpful.
Topics also covered in Schedule-III Amendments Para 3 (i) : Fixed Assets Para 3 (viii) : Previously Unrecorded Income Para 3 (xix): Going Concern on Ratio Analysis Para 3 (xx): Unspent CSR
Gurudev aapki sabhi class dekhkar maaza aa jata hai Bahut kuch sikhne ko milta hai Aapki vaani mein ek alag saa akarshan hai. Sir please Rera and benami ke lecture bhi upload kar do Please please please Chahe study material se hi pada do. But please upload kar dijiye🙏
WONDERFUL EXPLANATION SIR!!!!!!!! U COVERED EACH N EVERY TOPIC WTH DETAIL HATS OFF!!!! UR STORIES WLL MAKE US RETAIN FOR MUCH LONGER TIME don't worry we don't need numoni.. for this n notes r GRT!! Thanks 😊 😊 🙏 N thanks for tht lengthy time stamp also which u hv provided in description box , that's really is helpful at revision times!!!....
In CARO para 3 (xxi) where it states that qualified or adverse remarks in CARO report by any of the group companies shall be stated in this CARO clause by auditor of consolidated FS Sir relating to this i want to whether qualified remarks, and qualified opinion that auditor expresses are both the same? As qualified opinion is expressed on a particular matter ( for ex fixed assets/litigatons) whose reporting are also in CARO But what about items (such as deferred taxes/other items) where no reporting is made in CARO but auditor has given qualified opinion but no remarks in CARO.So in that situation will reporting under clause 3(xxi) will be made?
This CARO 2020 class is applicable for BOTH Inter & Final Students. Even Practising professional will find it very useful to update themselves. Notes Link: drive.google.com/file/d/1KMphxpWx8v1Gofo0DGdj0B4wk2L4fo32/view?usp=sharing
00:00:00 - Intro
00:00:56 - 00:23:00 - How to Study CARO?
00:23:10 - 00:25:10 - Brief of Questions & Answers
00:27:10 - 00:34:30 - Introduction to CARO
00:34:31 - 00:52:26 - Applicability of CARO 2020
00:53:06 - 00:54:54 - How to Read Clauses?
00:54:55 - 01:44:30 - Para 3 (i) : Fixed Assets
01:45:26 - 01:58:50 - Para 3 (ii) : Inventory
01:58:53 - 02:00:06 - Revision of Copy Notes
02:01:10 - 02:36:43 - Para 3 (iii) : Loans, Guarantee, Security (LGS) and Investments,
02:36:44 - 02:50:38 - Para 3 (iv) : Loans & Investments [Legal Compliance]
02:50:39 - 02:58:44 - Para 3 (v) : Deposits Accepted
03:00:58 - 03:04:40 - Question on Para 3 (iii) : Loans, Guarantee, Security (LGS) and Investments and Para 3 (iv) : Loans & Investments [Legal Compliance]
03:04:53 - 03:08:45 - Para 3 (vi) : Cost Records
03:08:46 - 03:28:15 - Para 3 (vii) : Statutory Dues
03:28:22 - 03:31:15 - Para 3 (viii) : Previously Unrecorded Income
03:31:35 - 03:53:48 - Para 3 (ix) : Defaulter Company
03:54:37 - 04:10:47 - Para 3 (x) : Utilization of Issue Proceeds
04:10:56 - 04:30:25 - Para 3 (xi): FRAUD
04:30:52 - 04:40:56 - Para 3 (xii): Nidhi Company
04:40:58 - 04:46:48 - Para 3 (xiii): RPT Disclosure
04:46:49 - 04:50:55 - Question on Para 3 (iii) : Loans, Guarantee, Security (LGS) and Investments and Para 3 (xiii): RPT Disclosure
04:50:56 - 04:51:55 - Question on Para 3 (xiii): RPT Disclosure
04:52:11 - 04:53:55 - Para 3 (xiv): Internal Audit System
04:53:58 - 04:58:12 - Para 3 (xv): Barter
04:58:13 - 05:10:43 - Para 3 (xvi): NBFC - HFC - CIC
05:10:44 - 05:13:19 - Para 3 (xvii): Cash Losses
05:13:54 - 05:15:11 - Para 3 (xviii): Resignation of Previous Auditor
05:15:12 - 05:19:21 - Para 3 (xix): Going Concern on Ratio Analysis
05:19:22 - 05:33:42 - Para 3 (xx): Unspent CSR
05:33:44 - 05:35:48 - Para 3 (xxi): Qualified CARO in Group Company’s FS
05:36:32 - 05:38:30 - Use of How to Study CARO?
05:38:40 - 05:41:47 - Revision of Clause Names of CARO 2020
Thank you very much Sir
This lecture is very useful and helpful for us 🙏🏻☺️
We really appreciate your efforts in making the concepts so clear for us🙏🏻
Great Teaching ❤❤
Brilliant teaching style sir
You have no idea how much it helped me ✨
Bhaut bhaut Shukriya
@4:36:15
Fixed Asset Q - 50:31
Inventory Q - 1:58:00
Investment + deposit Q - 3:01:14
Borrowing Q - 3:47:35
Fraud Q - 4:18:24
Nidhi Co. + RP Q - 4:46:50
thank you so much sir...apne bahaut ache se padhaya.
03:31:29
Crystal clear explanation. And notes are wonderful. Thank you so much sir for this lecture.🙏🙏
Can I watch this lecture for May 24 CA inter Attempt ? Please reply
1:29:00 resume
3:17:49
3(x) : 3:58:00
143(12) : 4:23:00
406 : 4:32:15
Related party transactions : 4:25:00
Para 3(xv) Barter : 4:55:00
NBFC : 4:59:59
CSR : 5:20:21
very helpful!!
Thank You.
Thank you so much sir 😀😀
Love you Sir. Excellent command over Law and Audit✏🖌
Just watched First half hour- I am super impressed
36:10
#5:24:00 CSR
Sir u r just amazing amazing faculty....i had came through....the way uh teach sachh mein bore nhi hote h....aur kahani ki tarah chp khatam ho jaata h....grt fan of urs sir.
Thank you so much for kind words.
Thank you 💞😚 sir
Thanks
Is it relevant for may 24
Summary
2:34:53 3(iii) LIGS
2:45:50 3(iv) sec-186
2:49:18 3(iv) sec-185
Relevant for cma??
Such a detailed coverage within limited time with 1.5 x speed. Easily achievable. Thank you so much sir.🙏
Hats off to your detailed explanation sir!!
Best lec for Caro 2020 in YT for first time learners!!!
Today is the day m realising what a big mistake i did by not taking regular classes from you sir , most of my seniors suggested me to take CMA inter classes from u but i didn't do so. Cannot disclose the name of the classes but they haven't started yet with grp 2 syllabus,jabki my attempt for both grp is in dec 2023. I was feeling so depressed that if"ll will be able to complete my portion on time and den i came accross ur audit lecs sir . I wish i'd listened to my seniors and took classes from you sir. I can't even explain how much dis videos are helpful rn for me 😭. Thanks alot sir ❤️
All the best
Thank you sir
Sir, is this class applicable for May 24 or there is any amendment in this?
This Class is applicable for CA, CS, CMA from Nov 21 Exams and onwards.
For may 21 sir?
@@madhusudhan6558 NO. It is for Nov 21 and onwards.
Best teacher for law and audit...😃
Bcz of you I am CA
Thank you so much sir
At first look I made howa of CARO It looked scary to me
but you this lecture broke my mindset
very beautifully explained and on point.
Thank u sir. Love u. Maine aapki kafi class dekhi he. Ham jaise log jo CA nahi kar pate wo bhi aap jaise teacher ki class dekhke apna kafi knowladge badha sakte he. Thank u sir for all lecture. God bless you sir.
27:20
Amazing knowledge giving session
I have taken ca final class from pankaj Agrawal sir . But there is a huge difference the way you teach in depth, practical examples you give ,it gives more clarification .
50:31
I envy you for the immense knowledge you have about be it on any topic.
I wish to meet you once in my life, not as a student teacher but as my mentor.
I will reach you out once after my exams . Really stressed about career/life and wish to discuss about this with you sir in personal once...i wish if this is possible by any chance.
Truly an inspiration you are. ❤
Can I watch for May 24 CA inter Attempt? Please reply
#36:50
#49:00 summarry upto here
THANK YOU SIR. U MADE IT SO EASY
can we put heading PPE for clause i ?
yes
Sir reporting is required in all cases even if company complies with all 21 clauses? I mean if company complies with all the 21 clauses, does the auditor still have requirement to report?
Sir Cash Credit ( WC Loan ) Avail karne ke liye jo stock co bank ke pass girvi rakhti hai kya wo stock in oridinary course of business co sell kar sakti hai till repayment ?
What a grate teacher u r ....
You already know what mistake people do while studying they learn or try to learn word to word and at the begining itself you said not to learn just keyword is required to be remembered
Thanks for this video
Sir you are awesome teacher for audit.......... full explanation along with questions practices
"Memory tips"
Clause 1 se 11 tak
FILL-DC-SP DEFAULT kiya phir IPO issue kiya, FRAUD karne k liye.
Clause 18 - link with clause 8 part 1 of 1st schduele from prof. Ethics.
Clause 20 - CSR mein 2% Spent karna hota hai...
I hope it was helpful.🔥
Sir, this video of caro 2020 is applicable for inter ca audit nov 2023 also na?
Yes
Sir is there any changes for May 2022 after this video was uploaded??
Awesome! Thank you so much sir!
Sir can I want this lecture for May 24 Attempt ca inter ? Please reply
4:24:46 Caro fraud ques
Sir a humble request- Can you please provide us classes on code of ethics for CA Final? There's no such video which explains it in detail like this one for CARO. It will help a lot of us.
Yes sir please make a video no it.🙏🙏🙏
+1
Thank god, I feel like I found a God of Audit, lecture is too the point and precise and highly knowledgeable. I always afraid of this chapter of caro.. I just want to do this 🙏 for uploading videos, Best ever class.
Audit is my most weakest subject, never found interesting, though I have seen other few teachers videos on UA-cam, but this one is outstanding, Sir thanks for uploading.
Sir, you are the greatest ❤️💗 teacher.....
Hello sir. Why you aren’t active on UA-cam these days? Those short important charts & concept videos both at inter & final levels in Law subject were so helpful as you use to upload it on a daily basis. Need more of those videos if possible by your side. Thankyou sir. Take care 😄
Sir this video will replace class 24,25,26 AUDIT REPORT AND CARO 1,2,3 RESPECTIVELY which has caro 2016 in it
CARO 2016 has long been replaced. For last 2 years I have been teachign CARO 2020 only.
Sir i m not ca student but i m law student whenever i face problem in law i just search ur video with name and my problem solve ...i really like d way u write notes and explain thank u sir.. respect and gratitude 🙏
Thank you so much sirji
Is it applicable for CA inter nov 22?
YES
Sir u a really amazing ..ausum 🙏
Thanks a lot for uploading this class sir. It is very helpful
Sir u r god in law and audit
Can we answer Q-1 of Intro part, by defining company as a Small Company.
Since it's a small company.
Sir this lecture is Applicable to cma inter student?
Thank you a lot sir for such wonderful class !
By this class I could not only understand CARO 2020 in depth but also could understand that how to learn any topic :)
Sir,
Your lectures are amazing. One cannot have any doubt on any topic if you have taught it.
But really disappointed to know that you dont provide Fastrack lectures. Request you to please make available audit and law Ca final Fastrack lectures. It will be really helpful.
Topics also covered in Schedule-III Amendments
Para 3 (i) : Fixed Assets
Para 3 (viii) : Previously Unrecorded Income
Para 3 (xix): Going Concern on Ratio Analysis
Para 3 (xx): Unspent CSR
Is this applicable for May 2022 exams????
Yes. CARO 2020 notified for May 2022 exam and onwards.
Sir, is CARO 2020 Also applicable for CA inter November 2021?
Gurudev aapki sabhi class dekhkar maaza aa jata hai
Bahut kuch sikhne ko milta hai
Aapki vaani mein ek alag saa akarshan hai.
Sir please Rera and benami ke lecture bhi upload kar do
Please please please
Chahe study material se hi pada do.
But please upload kar dijiye🙏
Dear Student, I dont teach Paper 6D. Thats is why I dont have the Notes of htose chapters.
Sir In Caro we have to report only if there is negative remarks ?
No we have to report under all scenarios whether positive remarks or negative remarks
Sir ca inter nov21 ke liye ye pura applicable Hain
Sir, when can we expect the amendment videos? Your content is really amazing, eagerly waiting for the amendment videos. Thanks
Sir which CARO is applicable for DEC 2021 exams?
Sir can we refer it for ca final audit may 22?
Sir is CARO 2016 applicable to Nov 2021 exams? Or it is CARO 2020?
CARO 2016
Sir, why don't u start classes even for Paper 6D : Economic Law CA final? I am looking forward to take classes incase u start it
Sir apka telegram channel nhi h?
no
Is this applicable for CA Inter may 2022?
YES
You are the best teacher sir
I request you to upload more videos about taxes too
Sir r u providing recorded lectures for ca inter /final level in English mode...???
We ❤ ur teaching from South Zone.....English version please
Sir what about electricity company like CESC?
Is it applicable..
Sir please provide amendment classes for CA Final Audit and Law Students 😊🙏
WONDERFUL EXPLANATION SIR!!!!!!!!
U COVERED EACH N EVERY TOPIC WTH DETAIL HATS OFF!!!!
UR STORIES WLL MAKE US RETAIN FOR MUCH LONGER TIME don't worry we don't need numoni.. for this n notes r GRT!!
Thanks 😊 😊 🙏
N thanks for tht lengthy time stamp also which u hv provided in description box , that's really is helpful at revision times!!!....
So nice of you
In CARO para 3 (xxi) where it states that qualified or adverse remarks in CARO report by any of the group companies shall be stated in this CARO clause by auditor of consolidated FS
Sir relating to this i want to whether qualified remarks, and qualified opinion that auditor expresses are both the same?
As qualified opinion is expressed on a particular matter ( for ex fixed assets/litigatons) whose reporting are also in CARO
But what about items (such as deferred taxes/other items) where no reporting is made in CARO but auditor has given qualified opinion but no remarks in CARO.So in that situation will reporting under clause 3(xxi) will be made?
Sir , When will CA Final Classes be launched ? Also , if we take old classes ( recording of June 2020 ) , how will the amendments be provided ?
Call office number 7603093714 during office hours. They will expalin
Thank you so much sir 🙏🙏🙏
thank you so much sir 🙏🙏
Thank you so much sir
Thank you very much sir .
Thank You