audit of advance
what is meant by
auditor should verify the submission of claims to DICGC/ ECGC
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audit ca final bank ch
Replies (4)
These are govt entities which provide banks the guarantee for payment in case exporter dont pay
okay thanks for replying ... so here claims means the amt of default by exporters
so basically auditor here is verifying that the claims are made or not wherever appl and whether they are correct or not
Yes he will verify the claims made by the banks to these agencies
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