Regular audit vs Forensic audit

22 July 2021

What's the difference between forensic audit & regular audit?

Reply Follow

2 Replies

Sourav (Student) (23887 Points)
Replied 22 July 2021

One of the main difference between both of them is that, the audit gives you the guarantee that the financial statements that have been checked are true and fair and are reasonable and forensic audit helps to analyze and investigate a certain set of transaction that if any fraud has been occurred

1 Like

CA Rashmi Gandhi (Chartered Accountant) (58998 Points)
Replied 23 July 2021

Detailed clarification available on below link:

https://www.google.com/amp/s/riskprolearning.com/distinction-between-audit-and-forensic-audit/%3fv=6c8403f93333&