Regular audit vs Forensic audit
Srinivasan Sundaram (3 Points)
22 July 2021
What's the difference between forensic audit & regular audit?
2 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 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
CA Rashmi Gandhi
(Chartered Accountant)
(86500 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&
https://www.google.com/amp/s/riskprolearning.com/distinction-between-audit-and-forensic-audit/%3fv=6c8403f93333&
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