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Audit term interpreations

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venu (Querist)
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07 November 2017 dear sir,
in every industries say audit running means statutory audit or tax audit and say which audit report use on which situations
like for business loan required the statutory audit report or internal audit or tax audit repot as per my openion only one balance sheet preparing as per companies act so which statement need to prepare fisrt statutory audit or tax audit and what is the check list and what is the procedure for both audit

Nikhil Kaushik

Nikhil Kaushik (Expert)
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07 November 2017 you don't you start reading the ICAI study material available free of cost on the institute's website.

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