Ctrl Worx Watch List › Company

Caro Holdings Inc. (CAHO): material weakness open at least 2,128 days

By , Ctrl Worx™. Built from its own SEC filings. How the Clock works.

Caro Holdings Inc. reported ineffective internal control over financial reporting because of a material weakness in 23 filings since Feb 8, 2021. The latest was its 10-Q for the period ended Jun 30, 2026.

Ctrl Worx Watch List™ status

On the Clock
5.8 yearsopen since at least Dec 31, 2020
10-Q, Aug 14, 2026latest filing that reports the weakness. Read it on SEC EDGAR
#60 of 1,250on the Clock by time open, tied with 236 other companies that share its start date. See the Clock

Still filing, and no annual report of its own says the weakness is fixed.

Checked against SEC EDGAR: Oct 29, 2026 · Entry #11261

Filings with a weakness23
First in our dataFeb 8, 2021
AuditorBoladale Lawal & CO

Causes the company named

Segregation of duties · 23Entity-level and governance · 23Accounting expertise and resources · 21

What the latest filing says

n our Securities and Exchange Commission reports (i) is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms and (ii) is accumulated and communicated to our management, to allow timely decisions regarding required disclosure as a result of continuing material weaknesses in our internal control over financial reporting. As disclosed in our Quarterly Report on Form 10-Q for the three months ended December 31, 2025, based on management’s assessment of the effectiveness of our internal controls over financial reporting, management concluded that our internal controls over financial reporting were not effective as of December 31, 2025, due to inadequate segregation of duties and ineffective risk management, and insufficient written policies and procedures for accounting and financial reporting with respect to the requirements and application of both US GAAP and SEC guidelines. Management believes the above weakness constitute material weaknesses in our internal control over financial reporting. Until such time, if ever, that we remediate [...]

From the controls section of the 10-Q filed Aug 14, 2026. Read the full filing on SEC EDGAR.

Company response: Caro Holdings Inc. can send a statement or a link to its remediation update to russell@ctrlworx.com. We post it here, unedited and dated.

Filings

FiledFormPeriodControlsCausesFiling
Aug 14, 202610-QJun 30, 2026Not effectiveSegregation of duties; Entity-level and governanceEDGAR
Jul 15, 202610-KMar 31, 2026Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Feb 13, 202610-QDec 31, 2025Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Nov 14, 202510-QSep 30, 2025Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Aug 19, 202510-QJun 30, 2025Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Jul 15, 202510-KMar 31, 2025Not effectiveSegregation of duties; Entity-level and governanceEDGAR
Feb 14, 202510-QDec 31, 2024Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Nov 12, 202410-QSep 30, 2024Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Aug 9, 202410-QJun 30, 2024Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Jul 1, 202410-KMar 31, 2024Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Feb 27, 202410-QDec 31, 2023Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Nov 20, 202310-QSep 30, 2023Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Aug 21, 202310-QJun 30, 2023Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Jul 14, 202310-KMar 31, 2023Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Feb 21, 202310-QDec 31, 2022Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Nov 14, 202210-QSep 30, 2022Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Oct 17, 202210-QJun 30, 2022Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Oct 17, 202210-KMar 31, 2022Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Feb 14, 202210-QDec 31, 2021Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Nov 22, 202110-QSep 30, 2021Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Aug 23, 202110-QJun 30, 2021Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Jun 23, 202110-KMar 31, 2021Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR
Feb 8, 202110-QDec 31, 2020Not effectiveSegregation of duties; Accounting expertise and resources; Entity-level and governanceEDGAR

Others on the Clock in the same industry

By SEC industry code: 5961, Retail-Catalog & Mail-Order Houses, then related codes.

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Based on public SEC filings. Causes are grouped into standard categories by Ctrl Worx. The filings are the authority. Ctrl Worx is not affiliated with Caro Holdings Inc. or the SEC. Not investment advice. Why you can rely on the Watch List.