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What is statutory audit
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A statutory audit is intended to determine if an organisation delivers an honest and accurate representation of its financial position by evaluating information, such as bank balances, financial transactions, and accounting records.

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Legal audit is a mandatory legal review to examine the accuracy of the financial records of a company or government, and the objective of the audit is to determine  if the institution provides a fair and accurate tendency to its financial position by examining the necessary information or data such as bank balances, records and financial transactions.

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