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Audit query

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Querist : Anonymous (Querist)
13 February 2013 what do concurrent and interim audit means?
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
13 February 2013 Concurrent audit is a systematic and timely examination of financial transaction on a regular basis.

INTERIM AUDIT is an audit conducted during the fiscal year usually as a means of minimizing the work and time involved in concluding the audit after the fiscal

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