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statutory audit

arpita jain (17 Points)

27 March 2018

can statutory audit be conducted quarterly

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A.Kishore Kesav (807 Points)
Replied 27 March 2018

Nope...it will be done once in a FY to check the correctness of the Financial Statements.

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Parminder Singh (744 Points)
Replied 27 March 2018

it can be. conducting of audit voluntarily more than required by law is no harm. law only wants annual audit report. Sebi requires interim statements which are audited by stat auditor. consucting of audit activity can be concurrent too.

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