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Audit process

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(Querist)
24 April 2012 what is audit process? pls
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Amol S Joglekar

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Amol S Joglekar (Expert)
24 April 2012 01. Identification of Audit Assignment. 02. Risk assessment. 03. Formulate Audit Plan. 04. Staff allocation 05. Interim reports if any. 06. Discuss audit observations. 07. Deliverables (Audit Report) to all concerned. 08. Compliances. (If part of the audit assignment)
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
30 April 2012 Amol has given you the correct answer and I agree with him but in future do not put such a vague question so that the experts are unable to give you proper and in length reply
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