Empanelment of Chartered Accountant firms as Concurrent Auditor
♥ IDBI Bank invites online applications from practicing partnership firms of Chartered Accountants within India, in the prescribed format, who are willing to have their firms empanelled as Concurrent Auditors of the Bank.
♥ The online system shall be available from 01.2021 to 05.02.2021 (both dates inclusive) for future allotments to be made. CA Firms already empanelled with the Bank before June 2020 also need to apply again as fresh application.
♥ The CA Firms who complete 5 years of existence as Partnership Firm as on 31.12.2020 i.e. date from which it is continuing as partnership firm (as per Firm Registration Certificate downloaded from ICAI website) should be on or before 01.01.2016, are eligible to apply. If the date from which it is continuing as partnership firm (as per Firm Registration Certificate downloaded from ICAI website) is after 01.01.2016, those firms are not eligible to apply as per Bank’s Concurrent Audit Policy.
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♥ Please keep the documents/ information as mentioned below in readiness before starting to fill up the Application Form:
Disclaimer: Bank can ask for additional documents/ information apart from the above mentioned, if required.
022 6655 3200/ 2933/ 2394
P.S.: You are requested not to send mails to individual email ids.
Eligibility Criteria for CA firms
IDBI Bank invites online applications from practicing partnership firms of Chartered Accountants within India, in the prescribed format, who are willing to have their firms empanelled as Concurrent Auditors of the Bank.
(a) It should be a partnership firm of Chartered Accountants.
(b) The firm should have standing of minimum five years for audit of branches.
(c) Preference shall be given to the firms where the partners themselves were ex-bankers or the firm has got tie-up with ex-bankers with requisite experience and exposure, the firms having qualified Information System Auditor (CISA/DISA) with necessary exposure of systems audit and CA firms wherein partners have completed the ‘Certificate Course in Concurrent Audit’ conducted by ICAI.
(d) It is to be ensured that the audit firm or any sister / associate concern are not conducting the statutory audit of the Bank or any of its branches.
(e) The firm should have necessary exposure in conducting Concurrent Audit of the Bank branches for a few public sector / major private sector banks.
(f) The firm should have necessary office set up and adequate personnel to ensure proper deployment and timely completion of the assignments.
The online system shall be available on the Bank’s website from 18.01.2021 to 05.02.2021 for allotments to be made in future.
Link for Online Apply :- https://auditempanelment.idbibank.co.in