⚠️ Disclaimer: This tool generates a draft report based on standardised ICAI illustrative formats. It must be reviewed, tailored to the engagement facts, and finalised by the signing Chartered Accountant before issuance. It is not a substitute for professional judgement.

Engagement & Entity

Select the type of report, then enter entity particulars. The entire engine reconfigures to the engagement selected.

Period of Report

For an annual audit, enter the financial year. For a limited review, enter the quarter and the year-to-date period.

Audit Opinion

Language is generated per SA 700 / SA 705. Select the result reported to comply with ICAI illustrative wording.

Basis for Opinion / Conclusion

The standard basis paragraph is generated automatically. Add any engagement-specific disclosures below.

Other Information (SA 720 Revised)

Required where the entity issues a Board's Report / annual report alongside the financial statements. Not applicable to a limited review report.

Key Audit Matters (SA 701)

Mandatory for listed entities. For unlisted entities, optional / voluntary. Not applicable to a limited review.

Emphasis of Matter / Other Matter (SA 706)

These paragraphs do not modify the opinion / conclusion.

Responsibility Paragraphs

Standard SA 700 responsibility paragraphs are generated. For a limited review, a concise SRE 2410 management-responsibility paragraph is used instead.

Report on Other Legal & Regulatory Requirements

Section 143(3), Section 197(16) and Rule 11 of the Companies (Audit and Auditors) Rules, 2014. Applies to company statutory audits only.

Internal Financial Controls — Section 143(3)(i)

Managerial Remuneration — Section 197(16)

Rule 11 Matters

Rule 11(g) — Audit Trail (Edit Log)

Reporting is mandatory for financial years commencing on or after 1 April 2023. For FY 2024-25 onwards (including FY 2025-26 and FY 2026-27), the unmodified clause affirms that the audit trail has been preserved as per the statutory record-retention requirement (eight years). Select the scenario matching the books of account.

CARO 2020 — Annexure A

Each clause carries a pre-drafted "Complied" version and a "Not Complied" template, both fully editable. Choose Not Applicable to mark a clause N.A. CARO does not apply to a limited review.

Signatory Details

Pre-filled with the firm's particulars; edit as required for the engagement.