A forensic audit, also known as an independent audit, is one of the many ways businesses can ensure they are accountable to their customers, suppliers, and investors. It involves an outside company or auditor looking through a company’s books and records to ensure there aren’t any problems with how funds are being spent or how…
Tag: Forensic auditing in Delhi
Necessity of forensic audit
An inspection and assessment of a company’s or person’s financial records are done as part of a forensic audit to use them as evidence in a court of law or legal proceeding. It assists in the detection of fraud in a high-risk setting at work. A party accused of fraud, embezzlement, or other financial offenses…