Tag: continuous audit
Auditing
Disadvantages of Continuous Audit In spite of many advantages of continuous audit, it has certain drawbacks, which are discussed as under. 1. Alteration of Figures In case of continuous …
Finance
Advantages of Continuous Audit Continuous audit enjoys many benefits. Of them, the top 10 most important advantages are detailed below: 1. Immediate Detection of Errors and Frauds Errors and …
Auditing
What is a Continuous Audit? When the accounts are audited throughout the year by the audit staff under the guidance of the auditor, it is called continuous audit. The …