I would like to know whether Concurrent audit in respect banks is more relevant compare year end audit with regards to heavy transactions or not?
Menu
Relevance of concurrent audit
Replies (1)
Yes, in banks concurrent audit is more important because of voluminous tansactions and a lot of statutory compliances imposed by RBI, SEBI and other Government Bodies.
Recent Threads
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
- Company strike off with loan waiver accounting iss
- Board resolution for authorization for GST
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
- Change if place of business l
- Purchase from unregistered dealer garments busines
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
Related Threads
CAclubindia
