Give the answer...


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 July 2012 How is Joint audit different from Branch Audit?

19 July 2012 Joint audit is audit carried out by two separate auditors who have the assignment of the same client. It may cover different areas or otherwise. The auditors may conduct the audit together or only one may do the same and the liability of both of them is divided. It normally happens in huge companies where 1 single person cannot do the audit of the whole company.

Eg :- ABC and Co. and DEF and Co. are appointed as auditors of XYZ Ltd.

Whereas Branch audit means conducting an audit of 1 or more particular branch(es). It can be internal or statutory. But the verification and restricted to that particular branch only. Branch audit sometimes include joint audit.

Eg:- ABC and Co. are appointed as branch auditors of Mumbai branch of XYZ Ltd.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 July 2012 can i suggest another answer also?

19 July 2012 Agreed to Mr Sanket


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details