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Money laundering

To find out wheather the transaction is money laundering who is the responsible to find out money laundering ....auditor ???? Suppose it's auditor .... If auditor can't able to find out money laundering ..then who t he responsible for that ...and auditor get punishment ?????


Nivetharaman Raman

Nivetharaman Raman

CA Inter

10K+

05-Mar-20

108

Answers (1)

It is the responsibility of management. Auditor has to be vigilant during audit and if any suspicious transaction appears, he needs to investigate further.


Suraj Lakhotia

Suraj Lakhotia

Admin

06-Mar-20

All the Best
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