{"id":757,"date":"2025-08-28T08:14:53","date_gmt":"2025-08-28T08:14:53","guid":{"rendered":"https:\/\/komplytek.com\/blogs\/?p=757"},"modified":"2025-08-28T08:19:55","modified_gmt":"2025-08-28T08:19:55","slug":"internal-audit-vs-statutory-audit-key-differences","status":"publish","type":"post","link":"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/","title":{"rendered":"Internal Audit vs Statutory Audit: Key Differences"},"content":{"rendered":"<body><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/#Introduction\" >Introduction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/#What_is_an_Internal_Audit\" >What is an Internal Audit?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/#%E2%9C%85_Objectives_of_Internal_Audit\" >\u2705 Objectives of Internal Audit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/#%E2%9C%A6_Features_of_Internal_Audit\" >\u2726 Features of Internal Audit<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/#What_is_a_Statutory_Audit\" >What is a Statutory Audit?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/#%E2%9C%85_Objectives_of_Statutory_Audit\" >\u2705 Objectives of Statutory Audit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/#%E2%9C%A6_Features_of_Statutory_Audit\" >\u2726 Features of Statutory Audit<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/#Key_Differences_Between_Internal_and_Statutory_Audit\" >Key Differences Between Internal and Statutory Audit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/#Importance_of_Internal_Audit\" >Importance of Internal Audit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/#Importance_of_Statutory_Audit\" >Importance of Statutory Audit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"204\" data-end=\"223\" id=\"mcetoc_1j3nrbktv1\"><span class=\"ez-toc-section\" id=\"Introduction\"><\/span><span style=\"color: #3366ff;\"><strong data-start=\"207\" data-end=\"223\">Introduction<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"224\" data-end=\"398\">Auditing is an integral part of <strong data-start=\"256\" data-end=\"280\">corporate governance<\/strong>. It provides assurance that business operations, controls, and financial statements are <strong data-start=\"369\" data-end=\"395\">reliable and compliant<\/strong>.<\/p>\n<p data-start=\"400\" data-end=\"597\">However, not all audits are the same. The two most commonly discussed types are <strong data-start=\"480\" data-end=\"498\">Internal Audit<\/strong> and <strong data-start=\"503\" data-end=\"522\">Statutory Audit<\/strong>. Although they may seem similar, both serve <strong data-start=\"567\" data-end=\"594\">very different purposes<\/strong>.<\/p>\n<hr data-start=\"599\" data-end=\"602\">\n<h2 data-start=\"604\" data-end=\"637\" id=\"mcetoc_1j3nrbktv2\"><span class=\"ez-toc-section\" id=\"What_is_an_Internal_Audit\"><\/span><span style=\"color: #3366ff;\"><strong data-start=\"607\" data-end=\"637\">What is an Internal Audit?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"638\" data-end=\"833\">An <strong data-start=\"641\" data-end=\"659\">Internal Audit<\/strong> is an independent evaluation function established within an organisation to monitor and improve its <strong data-start=\"760\" data-end=\"830\">internal control system, risk management, and governance processes<\/strong>.<\/p>\n<h3 data-start=\"835\" data-end=\"869\" id=\"mcetoc_1j3nrbktv3\"><span class=\"ez-toc-section\" id=\"%E2%9C%85_Objectives_of_Internal_Audit\"><\/span><span style=\"color: #3366ff;\">\u2705 Objectives of Internal Audit<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul data-start=\"870\" data-end=\"1116\">\n<li data-start=\"870\" data-end=\"905\">\n<p data-start=\"872\" data-end=\"905\">Evaluate operational efficiency<\/p>\n<\/li>\n<li data-start=\"906\" data-end=\"956\">\n<p data-start=\"908\" data-end=\"956\">Identify risks and suggest preventive measures<\/p>\n<\/li>\n<li data-start=\"957\" data-end=\"1011\">\n<p data-start=\"959\" data-end=\"1011\">Verify accuracy of internal records and procedures<\/p>\n<\/li>\n<li data-start=\"1012\" data-end=\"1055\">\n<p data-start=\"1014\" data-end=\"1055\">Ensure compliance with company policies<\/p>\n<\/li>\n<li data-start=\"1056\" data-end=\"1116\">\n<p data-start=\"1058\" data-end=\"1116\">Recommend improvements for cost control and productivity<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"1118\" data-end=\"1150\" id=\"mcetoc_1j3nrbktv4\"><span class=\"ez-toc-section\" id=\"%E2%9C%A6_Features_of_Internal_Audit\"><\/span><span style=\"color: #3366ff;\">\u2726 Features of Internal Audit<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul data-start=\"1151\" data-end=\"1381\">\n<li data-start=\"1151\" data-end=\"1214\">\n<p data-start=\"1153\" data-end=\"1214\">Conducted by internal employees or outsourced professionals<\/p>\n<\/li>\n<li data-start=\"1215\" data-end=\"1284\">\n<p data-start=\"1217\" data-end=\"1284\">Covers financial, operational, compliance, and risk-related areas<\/p>\n<\/li>\n<li data-start=\"1285\" data-end=\"1343\">\n<p data-start=\"1287\" data-end=\"1343\">Reports to senior management or the Board of Directors<\/p>\n<\/li>\n<li data-start=\"1344\" data-end=\"1381\">\n<p data-start=\"1346\" data-end=\"1381\">Advisory and preventive in nature<\/p>\n<\/li>\n<\/ul>\n<hr data-start=\"1383\" data-end=\"1386\">\n<h2 data-start=\"1388\" data-end=\"1421\" id=\"mcetoc_1j3nrbktv5\"><span class=\"ez-toc-section\" id=\"What_is_a_Statutory_Audit\"><\/span><span style=\"color: #3366ff;\"><strong data-start=\"1391\" data-end=\"1421\">What is a Statutory Audit?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"1422\" data-end=\"1670\">A <strong data-start=\"1424\" data-end=\"1443\">Statutory Audit<\/strong> is a legally required audit of a company\u2019s financial statements, carried out by an <strong data-start=\"1527\" data-end=\"1559\">independent external auditor<\/strong>.<br data-start=\"1560\" data-end=\"1563\">In India, it is governed by the <strong data-start=\"1595\" data-end=\"1618\">Companies Act, 2013<\/strong> and applicable accounting and auditing standards.<\/p>\n<h3 data-start=\"1672\" data-end=\"1707\" id=\"mcetoc_1j3nrbktv6\"><span class=\"ez-toc-section\" id=\"%E2%9C%85_Objectives_of_Statutory_Audit\"><\/span><span style=\"color: #3366ff;\">\u2705 Objectives of Statutory Audit<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul data-start=\"1708\" data-end=\"1942\">\n<li data-start=\"1708\" data-end=\"1768\">\n<p data-start=\"1710\" data-end=\"1768\">Ensure financial statements present a true and fair view<\/p>\n<\/li>\n<li data-start=\"1769\" data-end=\"1843\">\n<p data-start=\"1771\" data-end=\"1843\">Verify compliance with accounting standards and statutory requirements<\/p>\n<\/li>\n<li data-start=\"1844\" data-end=\"1889\">\n<p data-start=\"1846\" data-end=\"1889\">Detect and prevent fraud or misstatements<\/p>\n<\/li>\n<li data-start=\"1890\" data-end=\"1942\">\n<p data-start=\"1892\" data-end=\"1942\">Provide assurance to shareholders and regulators<\/p>\n<\/li>\n<\/ul>\n<h3 data-start=\"1944\" data-end=\"1977\" id=\"mcetoc_1j3nrbktv7\"><span class=\"ez-toc-section\" id=\"%E2%9C%A6_Features_of_Statutory_Audit\"><\/span>\u2726 <span style=\"color: #3366ff;\">Features of Statutory Audit<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul data-start=\"1978\" data-end=\"2188\">\n<li data-start=\"1978\" data-end=\"2028\">\n<p data-start=\"1980\" data-end=\"2028\">Conducted by independent chartered accountants<\/p>\n<\/li>\n<li data-start=\"2029\" data-end=\"2093\">\n<p data-start=\"2031\" data-end=\"2093\">Focuses mainly on financial records and statutory compliance<\/p>\n<\/li>\n<li data-start=\"2094\" data-end=\"2158\">\n<p data-start=\"2096\" data-end=\"2158\">Auditor\u2019s Report is submitted to shareholders and regulators<\/p>\n<\/li>\n<li data-start=\"2159\" data-end=\"2188\">\n<p data-start=\"2161\" data-end=\"2188\"><strong data-start=\"2161\" data-end=\"2186\">Compulsory as per law<\/strong><\/p>\n<\/li>\n<\/ul>\n<hr data-start=\"2190\" data-end=\"2193\">\n<h2 data-start=\"2195\" data-end=\"2254\" id=\"mcetoc_1j3nrbktv8\"><span class=\"ez-toc-section\" id=\"Key_Differences_Between_Internal_and_Statutory_Audit\"><\/span><span style=\"color: #3366ff;\"><strong data-start=\"2198\" data-end=\"2254\">Key Differences Between Internal and Statutory Audit<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div class=\"_tableContainer_1rjym_1\">\n<div class=\"_tableWrapper_1rjym_13 group flex w-fit flex-col-reverse\" tabindex=\"-1\">\n<table data-start=\"2256\" data-end=\"3159\" class=\"w-fit min-w-(--thread-content-width)\">\n<thead data-start=\"2256\" data-end=\"2319\">\n<tr data-start=\"2256\" data-end=\"2319\">\n<th data-start=\"2256\" data-end=\"2275\" data-col-size=\"sm\"><strong data-start=\"2258\" data-end=\"2268\">Aspect<\/strong><\/th>\n<th data-start=\"2275\" data-end=\"2296\" data-col-size=\"md\"><strong data-start=\"2277\" data-end=\"2295\">Internal Audit<\/strong><\/th>\n<th data-start=\"2296\" data-end=\"2319\" data-col-size=\"md\"><strong data-start=\"2298\" data-end=\"2317\">Statutory Audit<\/strong><\/th>\n<\/tr>\n<\/thead>\n<tbody data-start=\"2383\" data-end=\"3159\">\n<tr data-start=\"2383\" data-end=\"2502\">\n<td data-start=\"2383\" data-end=\"2402\" data-col-size=\"sm\"><strong data-start=\"2385\" data-end=\"2396\">Purpose<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2402\" data-end=\"2460\">Evaluate &amp; improve processes, risk management, controls<\/td>\n<td data-col-size=\"md\" data-start=\"2460\" data-end=\"2502\">Ensure financial accuracy &amp; compliance<\/td>\n<\/tr>\n<tr data-start=\"2503\" data-end=\"2600\">\n<td data-start=\"2503\" data-end=\"2522\" data-col-size=\"sm\"><strong data-start=\"2505\" data-end=\"2521\">Conducted By<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2522\" data-end=\"2566\">Internal employees or outsourced auditors<\/td>\n<td data-col-size=\"md\" data-start=\"2566\" data-end=\"2600\">External, independent auditors<\/td>\n<\/tr>\n<tr data-start=\"2601\" data-end=\"2689\">\n<td data-start=\"2601\" data-end=\"2620\" data-col-size=\"sm\"><strong data-start=\"2603\" data-end=\"2618\">Requirement<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2620\" data-end=\"2665\">Voluntary, recommended for good governance<\/td>\n<td data-col-size=\"md\" data-start=\"2665\" data-end=\"2689\">Mandatory as per law<\/td>\n<\/tr>\n<tr data-start=\"2690\" data-end=\"2767\">\n<td data-start=\"2690\" data-end=\"2709\" data-col-size=\"sm\"><strong data-start=\"2692\" data-end=\"2705\">Frequency<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2709\" data-end=\"2755\">Periodic \u2013 monthly, quarterly, or as needed<\/td>\n<td data-col-size=\"md\" data-start=\"2755\" data-end=\"2767\">Annually<\/td>\n<\/tr>\n<tr data-start=\"2768\" data-end=\"2884\">\n<td data-start=\"2768\" data-end=\"2787\" data-col-size=\"sm\"><strong data-start=\"2770\" data-end=\"2779\">Scope<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2787\" data-end=\"2838\">Broad \u2013 operational, financial, compliance, risk<\/td>\n<td data-col-size=\"md\" data-start=\"2838\" data-end=\"2884\">Primarily financial reporting &amp; compliance<\/td>\n<\/tr>\n<tr data-start=\"2885\" data-end=\"2965\">\n<td data-start=\"2885\" data-end=\"2904\" data-col-size=\"sm\"><strong data-start=\"2887\" data-end=\"2903\">Reporting To<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2904\" data-end=\"2925\">Management \/ Board<\/td>\n<td data-col-size=\"md\" data-start=\"2925\" data-end=\"2965\">Shareholders, regulators, government<\/td>\n<\/tr>\n<tr data-start=\"2966\" data-end=\"3065\">\n<td data-start=\"2966\" data-end=\"2985\" data-col-size=\"sm\"><strong data-start=\"2968\" data-end=\"2977\">Focus<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"2985\" data-end=\"3025\">Preventive \u2013 issues before they occur<\/td>\n<td data-col-size=\"md\" data-start=\"3025\" data-end=\"3065\">Detective \u2013 accuracy of past records<\/td>\n<\/tr>\n<tr data-start=\"3066\" data-end=\"3159\">\n<td data-start=\"3066\" data-end=\"3085\" data-col-size=\"sm\"><strong data-start=\"3068\" data-end=\"3085\">Legal Binding<\/strong><\/td>\n<td data-col-size=\"md\" data-start=\"3085\" data-end=\"3119\">Not compulsory unless specified<\/td>\n<td data-col-size=\"md\" data-start=\"3119\" data-end=\"3159\">Compulsory under Companies Act, 2013<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<hr data-start=\"3161\" data-end=\"3164\">\n<h2 data-start=\"3166\" data-end=\"3201\" id=\"mcetoc_1j3nrbktv9\"><span class=\"ez-toc-section\" id=\"Importance_of_Internal_Audit\"><\/span><span style=\"color: #3366ff;\"><strong data-start=\"3169\" data-end=\"3201\">Importance of Internal Audit<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"3202\" data-end=\"3297\">Even though not legally compulsory for most organisations, internal audits are essential for:<\/p>\n<ul data-start=\"3298\" data-end=\"3450\">\n<li data-start=\"3298\" data-end=\"3337\">\n<p data-start=\"3300\" data-end=\"3337\">Early detection of errors and fraud<\/p>\n<\/li>\n<li data-start=\"3338\" data-end=\"3366\">\n<p data-start=\"3340\" data-end=\"3366\">Stronger risk management<\/p>\n<\/li>\n<li data-start=\"3367\" data-end=\"3405\">\n<p data-start=\"3369\" data-end=\"3405\">Improved efficiency &amp; cost control<\/p>\n<\/li>\n<li data-start=\"3406\" data-end=\"3450\">\n<p data-start=\"3408\" data-end=\"3450\">Supporting decision-making with insights<\/p>\n<\/li>\n<\/ul>\n<hr data-start=\"3452\" data-end=\"3455\">\n<h2 data-start=\"3457\" data-end=\"3493\" id=\"mcetoc_1j3nrbktva\"><span class=\"ez-toc-section\" id=\"Importance_of_Statutory_Audit\"><\/span><span style=\"color: #3366ff;\"><strong data-start=\"3460\" data-end=\"3493\">Importance of Statutory Audit<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"3494\" data-end=\"3573\">A statutory audit is critical for <strong data-start=\"3528\" data-end=\"3570\">external accountability and compliance<\/strong>:<\/p>\n<ul data-start=\"3574\" data-end=\"3748\">\n<li data-start=\"3574\" data-end=\"3620\">\n<p data-start=\"3576\" data-end=\"3620\">Ensures credibility of financial reporting<\/p>\n<\/li>\n<li data-start=\"3621\" data-end=\"3665\">\n<p data-start=\"3623\" data-end=\"3665\">Builds investor &amp; stakeholder confidence<\/p>\n<\/li>\n<li data-start=\"3666\" data-end=\"3712\">\n<p data-start=\"3668\" data-end=\"3712\">Helps avoid legal and regulatory penalties<\/p>\n<\/li>\n<li data-start=\"3713\" data-end=\"3748\">\n<p data-start=\"3715\" data-end=\"3748\">Detects fraud and misstatements<\/p>\n<\/li>\n<\/ul>\n<hr data-start=\"3750\" data-end=\"3753\">\n<h2 data-start=\"3755\" data-end=\"3772\" id=\"mcetoc_1j3nrbktvb\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><span style=\"color: #3366ff;\"><strong data-start=\"3758\" data-end=\"3772\">Conclusion<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"3773\" data-end=\"3838\">Internal Audit and Statutory Audit are <strong data-start=\"3812\" data-end=\"3835\">not interchangeable<\/strong>.<\/p>\n<ul data-start=\"3839\" data-end=\"4027\">\n<li data-start=\"3839\" data-end=\"3931\">\n<p data-start=\"3841\" data-end=\"3931\"><strong data-start=\"3841\" data-end=\"3859\">Internal Audit<\/strong> is preventive and advisory, helping organizations strengthen systems.<\/p>\n<\/li>\n<li data-start=\"3932\" data-end=\"4027\">\n<p data-start=\"3934\" data-end=\"4027\"><strong data-start=\"3934\" data-end=\"3953\">Statutory Audit<\/strong> is mandatory and detective, ensuring compliance and financial accuracy.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"4029\" data-end=\"4087\">Together, they create a <strong data-start=\"4053\" data-end=\"4084\">robust governance framework<\/strong>.<\/p>\n<\/body>","protected":false},"excerpt":{"rendered":"<p>Introduction Auditing is an integral part of corporate governance. It provides assurance that business operations, controls, and financial statements are reliable and compliant. However, not all audits are the same. The two most commonly discussed types are Internal Audit and Statutory Audit. Although they may seem similar, both serve very different purposes. What is an &#8230; <a title=\"Internal Audit vs Statutory Audit: Key Differences\" class=\"read-more\" href=\"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/\" aria-label=\"Read more about Internal Audit vs Statutory Audit: Key Differences\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":758,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,57],"tags":[],"class_list":["post-757","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting-financial","category-auditing-services"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Internal Audit vs Statutory Audit: Key Differences - Komplytek Blogs<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/komplytek.com\/blogs\/internal-audit-vs-statutory-audit-key-differences\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Internal Audit vs Statutory Audit: Key Differences - Komplytek Blogs\" \/>\n<meta property=\"og:description\" content=\"Introduction Auditing is an integral part of corporate governance. 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