What is Propriety Audit? Definition, Functions
What is Propriety Audit? The propriety audit is confined to examine the validity of appropriations or is concerned with verifying that there is no leakage of revenue and wastage of…
What is Efficiency Audit? Objectives, Purpose, Scope, Report
Cost Audit has two important phases. The first phase is known as Efficiency Audit and the second phase is known as Propriety Audit. Let us consider information about these two…
