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Furthermore, auditing can be classified into several types depending on its purpose and scope Statutory Audit. A statutory audit is a legally required examination of a companys financial statements. In India, all companies registered under the Companies Act must get their accounts audited annually by a Chartered Accountant. This aspect of What Are The Types Of Auditing In Accounting Accountingpedia plays a vital role in practical applications.

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Furthermore, there are many types of audits that can be conducted, including compliance, financial, information systems, internal, investigative, and tax audits. This aspect of What Are The Types Of Auditing In Accounting Accountingpedia plays a vital role in practical applications.

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Furthermore, there are generally three types of audits external, internal, and tax-related. An external audit is carried out by independent certified public accountants. Their role is to assess the company's... This aspect of What Are The Types Of Auditing In Accounting Accountingpedia plays a vital role in practical applications.

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