Internal Audit Report is to be submitted by the internal auditor of the company which include the auditing findings of the company. The audit report of the company is a significant aspect which throws light on any kind of incompliance with the regulations that are need to be kept in mind. It also highlights the […]
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Internal Financial Audit Checklist Template
Internal Financial Audit Checklist Template. Click Here To Download internal audit checklist
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Balance Confirmation Letter Format
Here is very simple letter format for mailing Account balance to customer as well as asking him to provide confirmation for the same. Date: To, Accounts Manager (Name of Party) (Address) Dear Sir, Sub: Balance confirmation as on 31st August 2013 as required by internal audit department. With reference to the above […]
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How to Conduct Concurrent Audit of Banks – A Simple PPT
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. Concurrent audit is an examination, which is contemporary to the occurrence of transaction or is carried out as near to it as possible. Thus concurrent […]
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Norms of Auditing Co-operative Housing Societies in Maharashtra
Norms of Auditing Co-operative Housing Societies in Maharashtra. Laws Applicable to Co-op. Housing Societies 1) The Maharashtra Co-op. Societies Act, 1960 (MCS Act) – having 167 sections effective from 26/1/1962 and The Maharashtra Co-op. Societies Rules, 1961 – having 110 rules effective from 23/12/1963. 2) The Income Tax Act, 1961 and Rules. 3) The Service […]
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