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How to Conduct Concurrent Audit of Banks

The concurrent audit firm should furnish the name and qualification of the persons, who shall be conducting audit in the branch, to the Bank before commencing.

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CONCURRENT AUDIT (BANKS)

CONCURRENT AUDIT (BANKS). Concurrent Audit is a systematic examination of all financial transactions at a branch on continuous basis to ensure accuracy and due compliance with the internal systems, procedures and guidelines of the bank. TYPES OF AUDIT IN BANKS. INTERNAL AUDIT. EXTERNAL AUDIT.

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How to Conduct Concurrent Audit of Banks

CONCURRENT AUDIT (BANKS)