Concurrent Audit definition
Concurrent Audit means a post audit of day-to-day accounts with a general review of the accounts from time to time;
Concurrent Audit means audit on the spot either simultaneously with or soon after the making of payment, withdrawal or adjustment out of a Local Fund;
Concurrent Audit means continuous audit of accounts of a local authority by auditors specially appointed by the Government by virtue of the powers conferred on them by the relevant enactments;
Examples of Concurrent Audit in a sentence
After the first disbursement under Category (1), subsequent disbursements under this Category (1) will take into account: (i) the results of the relevant Concurrent Audit, (ii) the results of the pay agent account reconciliation, and (iii) whether the number of eligible beneficiaries reported by each of the departments, in MIFAN in their customized statement of expenditure (SOE), accurately reflects the number of people who meet the eligibility criteria required to qualify as eligible beneficiaries.
More Definitions of Concurrent Audit
Concurrent Audit means concurrent audit of investments made by Portfolio Manager(s), ETF Manager(s) and Custodian
Concurrent Audit means a continuous post audit of accounts of day-to-day transactions;
Concurrent Audit means continuous audit of accounts of a local authority by auditors specially appointed by the Government by virtue of the powers
Concurrent Audit means a post audit of a day-to-day
Concurrent Audit means audit of account of a society of an accounting year to be conducted on day to day regu larly during the current year.
Concurrent Audit means a complete audit of an account accomplished within 60 days of patient discharge, normally performed in the calendar month that follows the month of discharge date.
Concurrent Audit means the monthly internal check of the transactions and other verifications, and compliance with Canara’s procedures carried out by the Internal Auditors using a checklist provided by Canara;