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Finance

What is Forensic Audit? Important for CAs

After RBI has mandated compulsary Forensic Audit for large advances above Rs. 200 crore, ICAI has decided to frame Forensic and Investigative standards (FAIS) to enable auditors to conduct Forensic Audit. But before we check the reason, lets understand What is Forensic Audit? What is Forensic Audit? Forensic Audit is an Audit of financial transactions […]