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types of audit

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types of audit..

Answer / inder monga

there r two types of audit.
1. internal audit
2. external audit

internal audit is a audit which is audited by the staff of company.
external audit is a specific audit which is done by the professional like C.A.

theses audit can be continuous audit,annual audit or interim audit

Is This Answer Correct ?    16 Yes 3 No

types of audit..

Answer / anchit saxena

there r three types of Audit- continuos Audit, Annual Audit
& Interim Audit

1- continuos audit- where an auditor or his staff attend at
regular or inrregular intervals during the period.

2- Annual Audit- which is carried out at the end of an
accounting period.

3- Interim Audit- an audit conducted between two annual
audit is called interim audit.

Is This Answer Correct ?    11 Yes 5 No

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