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Internal audit

This query is : Resolved 

08 July 2020 appointment letter for internal audit for f y 19-20 has been issued after 31-03-2020. is it required to make provision for internal audit fees in f y 19-20? or it is consider as expenses in that f y during which audit has been done, completed, report & bill issued i.e f y 20-21

09 August 2020 A provision can be taken for 19-20 for the amount of expenses.


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