Concurrent Audit in Public Financial Management: Objectives, Scope, and Governance Framework

Abstract

Concurrent Audit is a proactive mechanism for continuous financial oversight, emphasizing realtime examination of transactions to ensure transparency, accuracy, and adherence to established financial protocols. This article outlines the framework for Concurrent Audits in public health systems, with a specific focus on objectives, scope, frequency, coverage, and the institutional
architecture that supports audit implementation at both state and district levels. Also, this article attempts to provide guidance or necessary care that Company Secretaries are required to undertake while conducting Concurrent Audit.