Question

Financial Audit is conducted for every​

Answer 1

Answer:

The answer is here

Explanation:

In India, statutory audits are conducted for each fiscal year (April 1 to March 31) and not the calendar year. The two most common types of statutory audits in India are: Tax audits; and. Company audits.

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Answer 2

Financial audits are conducted on an annual basis.

• A financial audit is an objective evaluation financial statements of a company.
• A financial audit aims to ensure that the financial records of your company accurately represent the financial performance.
• It is commonly done on annual basis.
• It can be done by an internal employee, but mostly is done with the help of an external Certified Public Accountant.
• It is an essential indicator of 'true and fair' finance performance
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