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Statutory Audits
The audits are compulsory below statute in the case of a large amount of number of undertakings involving the following as:
Undertaking
Principal Act
Limited Companies
Building Societies
Banking and Financial Institutions
Insurance Companies
Co-operative Societies
Companies Act 1962
Building Society Act 1962
Banking Act 1989
Insurance Act 1984
Co-operative Societies Act
Reporting to the members Except the faults and irregularities outcome in the accounts not giving an accurate and fair view, or do not conform to statute, or appropriate books h
The function of internal audit is concerned with analysis of internal check. The internal audit can look into the duties of every employee. All employees are given jobs on the basi
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what is statutory audit and private audit
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What are the are the advantages and disadvantages of auditing an IT firm
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