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Instruction of audit issued by controller and auditor general of India ________.
Statutory audit
Final Audit.
Management audit
Government audit
- The Instruction of Audit issued by the Controller and Auditor General (CAG) of India is often associated with the framework and procedures for auditing government accounts and expenditures.
- Statutory Audit: This is a mandatory audit conducted to ensure the accuracy and fairness of a company's financial statements as per the law.
- Final Audit: This refers to the comprehensive audit conducted after the end of the fiscal period to verify the financial statements.
- Management Audit: A review aimed at evaluating the efficiency and effectiveness of management decisions.
- Government Audit: This involves auditing the accounts of government departments and public sector undertakings to ensure transparency and accountability.
By: Parvesh Mehta ProfileResourcesReport error
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