Concurrent Audit

Overview

Concurrent audits are conducted on a continuous basis, mainly in banks and financial institutions, to ensure real-time monitoring of transactions.

Benefits

• Detects irregularities on a real-time basis.
• Strengthens internal checks and balances.
• Improves adherence to regulatory norms.

Who Should Opt

• Banks and NBFCs.
• Large corporates handling frequent transactions.
• Organizations needing continuous compliance checks.