Classification of Audit | Company | India | Auditing

In this article we will discuss about the classification of audit:- 1. Financial Audit 2. Non-Financial Audit 3. Social Audit 4. Environmental Audit 5. Safety, Health and Environment (SHE) Audits. Category # 1. Financial Audit: There may be three broad classes of financial audit based on: (a) Legal or other authority for audit, (b) Periodicity of audit, and (c) Nature [...]