The Auditing and Assurance Standards Board (AASB) of The Institute of Chartered Accountants of India (ICAI) annually releases a revised edition of the “Guidance Note on Audit of Banks.” The upcoming edition, slated for 2024, is currently in the Exposure Draft stage, seeking valuable input from the public.
Auditing and Assurance Standards Board
The Institute of Chartered Accountants of India
10th December, 2023
Exposure Draft of Guidance Note on Audit of Banks (2024 Edition)
The Auditing and Assurance Standards Board (AASB) of ICAI under the authority of the Council of ICAI brings out the revised edition of “Guidance Note on Audit of Banks” every year to provide detailed guidance to auditors on statutory audit of banks and bank branches. AASB is in the process of bringing out the Guidance Note on Audit of Banks (2024 Edition).
In this regard, AASB has issued the Exposure Draft of the Guidance Note on Audit of Banks (2024 Edition) for public comments. The Exposure Draft is available at the link: https://resource.cdn.icai.org/77603aasb101223.pdf
Invitation to comment
AASB invites comments from various stakeholders on the Exposure Draft.
How to submit Comments
Comments on the Exposure Draft may be submitted through any of the following modes.
1. Email: aasb@icai.in
2. Postal:
Secretary, Auditing and Assurance Standards Board
The Institute of Chartered Accountants of India
ICAI Bhawan, Post Box No. 7100,
Indraprastha Marg, New Delhi- 110002
Last date for submitting comments on the Exposure Draft is 31st December 2023.
