answersLogoWhite

0

Concurrent audit is a systematic and timely examination of financial trascation on a regular basis to ensure accuracy, compliance with procedure and guidelines.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

What is a concurrent safety audit?

A concurrent safety audit is a safety audit performed at the same time as some other activity, often a financial audit.


What is concurrent audit of bank?

the bank sets a questionaire which has to be checked and reported


What is concurrent audit in patient record?

Concurrent audit in patient records refers to the real-time review of medical documentation and processes during a patient's treatment journey. This approach ensures that patient care standards are met, compliance with regulations is maintained, and any discrepancies or issues are identified and addressed promptly. It helps improve the quality of care, enhances patient safety, and supports efficient resource management within healthcare facilities. By analyzing records as events occur, concurrent audits can lead to immediate corrective actions and better health outcomes.


What powers are shared by the federal and the state governments?

concurrent


What is revenue leakage in a concurrent audit?

IF BANK NOT COVER CHARGES TO ITS CUSTOMERS THAN WE SAID THAT ITS A REVENUE LEAKAGE. CHARGES MEANS-INTERESTS,INSPECTION CHARGES, PROCESSING CHARGES, LOCKER RENT CHARGES etc.


What is powers shared by states and federal governments called?

Concurrent Powers


Granting a charter to a corporation is an example of this type of power?

Concurrent powers


Which powers ar shared between national and state governments?

Concurrent Powers


What do you call powers that are shared by the state and the national government?

it's concurrent


Is the power to charter banks a concurrent power?

Concurrent power


What kind of power is the power to tax?

The 16th Amendment to the Constitution of the United States.


What is the definition of concurrent lines?

concurrent lines are In geometry, three or more lines are said to be concurrent if they intersect at a single point.