Types of Audit

Once we complete preparing the final statements and accounts for the year the accounting process is over. However, we still cannot be completely certain of the accuracy of these accounts. This is when the concept of auditing comes in. Let us see the different types of Audit.

• Statutory Audit
• Internal Audit
• Cost Audit
• Advantages and Limitations of Internal Audit
• Propriety and Efficiency Audit
• Secretarial Audit
• Other Forms of Audit