28 November 2013
Dear friend generally Concurrent audit report is prepared as per format given by banks audit committe . . ca appointed as concurrent auditor have to rely and have to report to audit committe/head office only in that prescribed format only . .
29 November 2013
concurrent audit is done to reduce errors in day to day operations . . statutory audit means every bank has to get its books audited by chartered accountant as per companies act,,it acts,,
CAclubindia
