¹["10A. For the purposes of clause (i) of sub-section (3) of sectlon 143, for the financial years commencing on or after 1st April, 2015, the report of the auditor shall state about existence of 2[internal financial controls with reference to financial statements]  and its operating effectiveness:

Provided that auditor of a company may voluntarily include the statement referred to in this rule for the financial year commencing on or after 1st April, 2014 and ending on or before 31st March, 2015."] 

Amendments 

1.Inserted by the Notification Dated 14th October 2014.

2. Substituted by the Companies (Audit and Auditors) Amendment Rules, 2018.

in rule 10A, for the words,

"adequate internal financial controls system"

the following words shall  be substituted namely :-

"internal financial controls with reference to financiai statements"