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What is internal and statutory Audit and what are the roles
of auditor.
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Answer Posted / rahul khandelwal
internal audit is concluded by the company in order to see
the efficiency of work perform within in the co. .in this
the auditor report to the directors/manaement
while statutory audit is perform as it is an obligation to
do so with refer to company's act,1956.the objective is to
verfy the financial statement an to express opinion for the
stakeholder/external user
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