LFAR in BANK AUDIT

Stat Audit 2907 views 2 replies

What is LFAR in terms of Bank Audit ?

Replies (2)

It stands for LONG FORM AUDIT REPORT. .

It is a standard format in which the Audit Report of the bank will be given by the Auditor

Is it required to be given only by Branch auditors or by Statutory auditor as well....

Please clarify


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