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A forensic audit refers to the examination and evaluation of financial records belonging to a company or individual in order to gather evidence that can be used in a court of law or legal proceedings. It involves a detailed analysis of financial transactions, accounting records, and other relevant documentation to uncover any potential fraud, misconduct, or irregularities. Forensic auditors are trained to apply specialized investigative techniques and methodologies to identify financial discrepancies and provide expert opinions that can be used as evidence in legal cases. This type of audit is often conducted when there are suspicions of fraudulent activities or when legal action is being pursued.
A contract between you and an insurance company in which you make a lumpsum paymentor a series of payments and in return obtain regular disbursements be...
In private motor insurance, separate rates apply for vehicles below and above:
What is NOT an element of an insurance contract?
Identify the correct full form of GAAT?
An individual who may become eligible to receive payment due to will, life insurance policy, retirement plan, annuity, trust, or other contract is known...
Which of the following is NOT a common type of insurance policy?
The 'Insured's Declaration' form typically includes information about:
Consider the following statement:
I. Section 25 of IRDAI Act, 1999 lays down for establishment of Insurance Advisory Committee.
II. I...
What is the purpose of "File and Use" regulations?
A policy that covers financial losses due to delays in project completion caused by accidental damage is: