Distinguish between Audit note book and working papers.

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 DEBOJEET MAZUMDAR asked almost 4 years ago

Distinguish between Audit note book and working papers.

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Data?1494421738 samkit kothari answered almost 4 years ago

Audit working papers are prepared by auditor during audit what ever the observation or query raised by him are mentioned in it. Audit note book also known as Audit bound book, as per ICAI guidance note auditor have to preserve the working paper for 8 years. So the working paper kept all together is called Audit note book

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