Concurrent Audit Assistant Interview Questions and Answers

Concurrent Sales Audits in Banking are real-time audits conducted to ensure accuracy and integrity of sales transactions.

• Concurrent Sales Audits are conducted simultaneously with the sales transactions to detect any discrepancies or fraud in real-time.

• These audits help in ensuring compliance with regulatory requirements and internal policies.

• They involve reviewing sales transactions, verifying documentation, and reconciling sales figures with financial records.

• Concurrent Sale...read more