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?
1 Replies
Manoj Khandelwal
(Practice)
(347 Points)
Replied 29 October 2010
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.
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