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Distinctions between statutory audit audit and privet audit?

Auditing
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Question added by mugisha sam
Date Posted: 2017/03/27
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Muhd Shahbaz Shahbaz
by Muhd Shahbaz Shahbaz , ARTICLE ASSISTANT , PARTNERSHIP FIRM

STATUTORY AUDIT = AUDIT WHICH IS REQUIRED BY LAW

PRIVATE AUDIT =  AUDIT FOR MAINTAINING EFFICIENT INTERNAL CONTROL IN THE ORGANISATION

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