The difference between
interim audit and final
audit?
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Answer Posted / m umair qadri
interim audit is a type of audit which is performed before the year end the purpose is to make things clear relating to internal controls and other requirements of law that weather the company is following them or not.interim audit save time when the final audit is being conducted.
final audit is to, express an opinion on the truth and fairness of the financial statements.it involve substantive procedures and detailed audit of the accounts.
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