Concurrent Audit Services
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Concurrent means day to day, thus concurrent audit means verifying transactions as and when it occurs. Due to highly developed technology and complex transactions financial institutions like insurance company, banking company and securities companies required concurrent audit services. At K M GATECHA & CO LLP we provide best concurrent audit services in ahmedabad. Concurrent audit services helps in preventing and detecting fraud and thus provide best controls.
Concurrent audit services in ahmedabad
What is concurrent audit of banks?
Concurrent audit is parallel examination of financial transactions as when it occurs to prevent financial fraud and thus to have effective internal controls. It works as early warning signals for banks and financial institutions.
Is concurrent audit compulsory for banks?
What technique is used for concurrent audit of banks?