Announcements & other updates
Ministry of Cooperation introduces new audit framework for Multi-State Cooperative Societies
The Ministry of Cooperation announced on 14 October 2026 the Multi-State Co-operative Societies (Auditor’s Report) Order, 2026 (MSCARO, 2026). This framework introduces a standardized, risk-based statutory audit reporting system where auditors use a Yes/No format to report on financial and governance parameters.
Source details
- Issued by
- Ministry of Cooperation
- Published on
- Press Information Bureau, pib.gov.in (Press releases)
- File hosted on
- www.pib.gov.in, the government's file server for pib.gov.in
- Dated
- 14 October 2026
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