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The audit is an investigation of records which is carried by company, government, agency or any individual. It usually involves examining various financial records. The main motive of the audit is to assess if the funds have been handled correctly and hence all the records and filing are accurate or not or if the financial statement is representing true and fair view of the financial position at the end of financial year.
Benefits of Statutory Audit
Types of Statutory Audit
The different types of audits are: