Mnemonic for CARO 2015

How to Learn CARO, 2015 in just a minute.

Let Begins !! 😉

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 ?

Thats all enough to learn it.