Round the year Audit is one such special service which you can get from “Kudos PRS”. Concurrent Audit is basically aimed to conduct the Audit as it goes with routine transaction or say “online” or better to call on the spot Audit as a continuing practice.
Concurrent Audit is in most cases is 100% checking of transactions and facilitates mitigation of continuing mistakes, errors and frauds as this could be spotted while doing the transaction audit online.
For Banks, Institutions, Stock Brokers, Money Exchanges, these Audits are performed, in general, however many large and multi-locational clients, these are performed in contrary to year end exercise.
Similarly, most publicly branded and listed companies fall within this category of audit as a regulatory measure.