concurrent audit and continues audit


This query is : Resolved 

(Querist)
21 August 2016 is it concurrent audit and continues audit are the same term or not . please tell me I'm confused and also give some point of difference if any exists..

ACA Anurag (Expert)
23 August 2016 Dear Pooja,

Concurrent audit is performed at regular intervals by the management . Eg In Banks CA does a audit at the end of month .

Continuous audit is done on day by day basis basically its done in big companies where volume is too high

Hope your query is resolved

Kindly like if my response has helped you.

capooja (Querist)
23 August 2016 Thank you sir

ACA Anurag (Expert)
23 August 2016 Dear Pooja,

You are always welcome.

Hope your query is resolved

Kindly like if my response has helped you


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