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Gagan Mishra

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2 years ago
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136. What Is Statutory Audit?

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Abhishek Mishra

2 years ago

Key Takeaways. A statutory audit is a legally required review of the accuracy of a company's or government's financial statements and records. The term statutory denotes that the audit is required by statute. Being subject to a statutory audit is not an inherent sign of wrongdoing.

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