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What is the importance of Stock Audit, Accounting Audit
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Answer Posted / yogesh
stock audit important because in statutory audit report u/s
227 and under CARO 2003 auditory has to answer whether
their proper system for verification and proper valuation
of the inventories otherwise it will spoil whole purpose of
Financial Statement.
| Is This Answer Correct ? | 7 Yes | 3 No |
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