Audit
This query is : Resolved
09 June 2013
What is the diffrence between concurrent audit and revenue audit?
09 June 2013
Hello,
Both are commonly done in respect of Banking Companies,now concurrent audit is regarding audit of day-day transactions on daily basis.Whereas Revenue Audit in respect of finding out the where the bank has lost his revenue by way of error/fraud.
Both are commonly done in respect of Banking Companies,now concurrent audit is regarding audit of day-day transactions on daily basis.Whereas Revenue Audit in respect of finding out the where the bank has lost his revenue by way of error/fraud.
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