Revenue Audit of Banks

Post Date : 30 May, 2020 Author: Ashish CA

Revenue audit is the audit of items governing income & expenditure of banks, basically this type of audits are conducted with a view to verify the accuracy, relevance of expenditure incurred & Incomes earned by the banks according to applicable latest circulars, notification , Auditors only required to concentrate on the areas which affect revenue items of the banks.