Revised Formats of Statutory Auditor’s Report for Urban Cooperative Banks

FOR THE ATTENTION OF THE MEMBERS

Revised Formats of Statutory Auditor’s Report for Urban Cooperative Banks 

The Auditing and Assurance Standards Board of ICAI is issuing the following revised formats of the statutory auditor’s report for urban cooperative banks (UCBs). These formats have been developed by the Board in consultation with the RBI and the same have also been accepted by the RBI.

The members undertaking statutory audits of UCBs are advised to adhere to these formats while issuing the auditor’s report.

Chairman, Auditing and Assurance Standards Board

The Institute of Chartered Accountants of India