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Explain the difference between interim audit and final audit?

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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/02/11
Omar Akmad
by Omar Akmad , Accountant , Bangsamoro Development Agency

in simple terms, interim audit are done on interim periods, such as Monthly, Quarterly, Semi annual or any period in between the starting accounting period and the end of the accounting period. End of the period audit or what you say final audit is done at the end of the accounting period and it covers all of the events during that period including the areas or period covered by the interim audit.

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