Live Course on Drafting of Appeal and Reply of Penalty Notice by CA Sachin Sinha. Register Now!!

Stat audit

Seema (Article) (69 Points)

24 May 2013

what are the procedure to start the stat Audit?

Reply
Follow
Share

1 Replies

Payal Gupta (article assistant) (176 Points)
Replied 31 May 2013

-for stat audit have to follow all SAs nd co. act -should have knowledge abt d client's business nd its environment -should prepare audit plan nd audit program -knowledge abt client's internal environment -chck previous records, reports, minutes etc -and maintain all documents / working papers and consider all relevant laws as applicable CORRECT ME IF I WRONG