Examples of Forensic audit in a sentence
Forensic audit revealed manipulation in the books of account by the company.
An exploratory study, it primarily highlights the causes of NPAs in banks during appraisal, sanction and disbursal and post disbursal stage and the role of Forensic audit in controlling NPAs. Data was collected through survey sampling and information was obtained through Questionnaire.
Provide information on your company’s history, background, number of years the company has been in business, list of owners, names and titles of the board of directors (if applicable), mission statement, organization summary.
The data submitted by the successful bidder, in compliance of the above eligibility conditions shall be subject to verifications by IRCTC itself or through an agency (expert in Forensic audit) appointed by IRCTC, for which all necessary documents shall have to be essentially provided by the bidder, if so required.
Initiation of Forensic audit: In case of initiation of forensic audit, (by whatever name called), the following disclosures shall be made to the stock exchanges by listed entities:a) The fact of initiation of forensic audit along-with name of entity initiating the audit and reasons for the same, if available; b) Final forensic audit report (other than for forensic audit initiated by regulatory/enforcement agencies) on receipt by the listed entity along with comments of the management, if any.
Section 4 of P.L.2006, c.15 (C.18A:7A-57) is amended to read as follows: C.18A:7A-57 Forensic audit of certain school districts; presentation.
Forensic audit is generally arranged by lenders with wide scope of work that includes end use of funds made available to corporate debtor.
They were also asked about the role/importance of Forensic audit in reducing/controlling NPAs in Banks.
They were also asked about the role/importance of Forensic audit in reducing/controlling NPAs in Banks.The data was analyzed and percentages were computed to quantify the weight of the variables.
Forensic audit was conducted to ascertain the reasons for account turning bad and as such the branch initiated Audit by appointing a CA firm to conduct the same.