Assertion: statutory audit | /r/HasProperty | one of the main types of audit
Facets:
Source sentences:
text: Statutory audit, also known as financial audit, is one of the main types of audit which is to be done as per the statutes applicable to the entity and its primary purpose is to gather all relevant information so that the auditor can give his opinion on the true and fair view of the company’s financial position as on the balance sheet date.
text: Statutory audit is one of the main types of audit which is required legally in order to review the accuracy of a company or of government’s financial accounts.