Audit

Ravee (148 Points)

10 May 2007

Approximately how long does a Statutory Audit take to complete. (for small medium and large companies)

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3 Replies

Sumit (CA Practice ) (675 Points)
Replied 10 May 2007

this all depends on the scope of audit and the size of firm generally from 5 days to 2 months.

Ravee (148 Points)
Replied 10 May 2007

Thanks Sumit for the reply.

Is this applicable for full Statutory Audits (ie as required by Companies Act)

Sumit (CA Practice ) (675 Points)
Replied 10 May 2007

This is just an estimation. It all depends on the size of the company and the business carried on by them.

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