IndigoLearn

Forums

All Topics Accountancy Auditing Corporate & Other Laws Direct Taxation Indirect Taxation Financial Management Economics Costing Strategic Management Maths & Stats Exams Others AFM Financial Reporting CFA Level I

Bank Audit

Auditing

In stock audit, there is a word ' funded exposure ' . Please explain what it's.

Mehak K

CA Inter

★ 3K+

03-May-24 06:51

Answers (3)

Best Answer

Meaning how much of the Company’s stock or inventory is funded by external sources, like loan or credit facility. In context of bank audit, credit facility already availed by the customer .

Pradnya Bajaj

Faculty

03-May-24 07:36

Or how much it can avail.

Pradnya Bajaj

Faculty

03-May-24 07:37

Thanks Sir 🙏🏻

Thread Starter

Mehak K

CA Inter

★ 3K+

03-May-24 18:12

Connect With Us

Sales

964-011-1110 / 913-331-0549

Support

915-491-1196

964-011-1110

support@indigolearn.com

Company

About Us

Careers

Information

Testimonials

FAQ

Terms & Conditions

CIN: U74999TG2017PTC116012 | GSTIN: 36AAECI4332C1Z0 | PAN: AAECI4332C

IndigoLearn

Bank Audit

Connect With Us

Company

Information

Courses

Course Guides

Offerings