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By the meaning of word the statutory audit in India is the audit which is prescribed by statute. There is many audit in India which is prescribed by the different statute like Income Tax Act require audit as per him similarly VAT Act require audit as per him so a CA need to conduct many audit as
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About the Author

Chartered Accountant

I am a practising CA Mainly in Auditing, Assurance Consulting and founder partner of Asutosh Pankaj ( www.anpllp.com ). We are engaged in strategic and management consulting including internal risk audit. We invite all the people to interact and discuss the issues on Caclub forum


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