Karnataka State Co-Operative Apex Bank Ltd. invites applications from Chartered Accountant (CA) firms for empanelment as Concurrent Auditors. The eligibility criteria specify that only partnership CA firms are eligible, with an emphasis on their experience in concurrent audits of Scheduled Commercial Banks and Cooperative Banks. The application requires detailed information about the firm, including its date of establishment, ICAI registration, RBI unique code, total number of staff, and particulars of all full-time partners, including qualifications like DISA/CISA and FCA or ACA status. Applicants must provide evidence of prior concurrent audit experience, including appointment letters and the duration of past assignments.
The application also mandates the submission of a partnership deed, constitution certificate, and confirmation that the firm or its partners have not been debarred by ICAI or RBI. Additional declarations ensure compliance with banking regulations, prohibition of lobbying, and commitment to complete assignments directly without sub-contracting.
The bank also emphasizes transparency and accuracy in submissions, reserving the right to terminate assignments if any details are found incorrect. Applicants are required to quote their audit fees and include supporting certificates to confirm adherence to regulatory standards.
Applications must be submitted in a sealed envelope clearly marked “Application for Empanelment of CA firm for Concurrent Audit.” All partners must sign the application with their ICAI membership numbers and office seals. This empanelment drive is a critical opportunity for CA firms to collaborate with the Karnataka Apex Bank in ensuring compliance and improving operational oversight.
The Karnataka State Co-Operative Apex Bank Ltd.
APPLICATION FOR EMPANELMENT OF CONCURRENT AUDIT
| Sl. No | Particulars | Details | |||
| 1 | Name of the CA Firm (Partnership firm only) | ||||
| 2 | Address | Pin code | |||
| 3 | Office telephone.
(with STD Code) |
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| 4 | Name & Mobile No. of the nominated FCA partner of the CA Firm to whom Bank may/ will contact, in connection with the assignment applied for. | Name: | |||
| Mobile/Landline No: | |||||
| Email Id: | |||||
| 5 | Fax No/s. | ||||
| 6 | E-mail address(es) of CA Firm | ||||
| 7 | Date since when working as Partnership Firm only.
(ICAI Certificate be enclosed) |
||||
| 8 | Total experience as Concurrent Auditor in Scheduled Commercial Banks/Cooperative Banks as on 31.03.2025 | Years: | Months: | ||
| (Enclose all Certificates) | |||||
| 9 | Registration No. of Firm with ICAI | ||||
| 10 | RBI Unique Code / UCN No | ||||
| 11 | Total no of staffs employed | ||||
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| 12. Particulars of All Partners (Only full time partners) (No staff details to be mentioned) | |||||||
| Sr. No | Name | Age (in year | ICAI Membership no | Whether passed DISA**/CISA (Xerox copies of the certificates to be enclosed) | Whether FCA or ACA | Mobile no | E-mail Address |
| Total Partners: | FCA : | ||||||
| ACA : | |||||||
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| 13. Experience of Concurrent Audit of Scheduled Commercial Banks/Cooperative Banks (No other audits details to be mentioned here, except Concurrent Audit (Copy of appointment letters for concurrent audit assignment/s be enclosed | ||||
| Name of the Branch | Name of the Bank | Date: From | Date: To | Total Period |
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| 14. Whether the Firm or any partner has ever been debarred by ICAI/RBI. If yes, details be mentioned. | ||
| Sr. No | Name of the Partner (Sh.) | Brief Reasons for Debar |
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| 15. CONSTITUTION
{Copy of Partnership Deed + Copy of Constitution Certificate issued by the ICAI certifying the constitution of the Firm, their branches & date from which it is continuing as a Partnership Firm (latest) to be enclosed} |
16. Other Detail/s if any………………………………………..
17. Fee quoted: ………………………………
18. “Application for Empanelment of CA firm for Concurrent Audit” should be mentioned on the envelope.
19. Certificate/s:
a) We hereby confirm that the Firm/any partner is neither Statutory Auditor nor associate concern (as defined by RBI) of Statutory Auditors of Branches of KSC Apex Bank Ltd & have not been disqualified on any of grounds given under Sec 226 of the Companies Act. 1956.
b) We also confirm that the details/information furnished above are / is true and correct. In case, any detail furnished above is found incorrect later on, the Bank has the right to terminate the assignment given, without giving any notice.
c) We also undertake that we will not sub-contract / sub-assign the audit assignment.
d). We hereby declare that we will not lobby directly or indirectly for consideration of any credit proposals of friends / relatives / clients / non clients of the Bank.
e) We also hereby declare that if our name is included in the bank’s list of approved Concurrent Auditors, we will undertake to do the tasks entrusted to us in the best interest of the Bank.
f) We shall also abide by the rules and regulations of the Bank in force from time to time and will always keep the bank’s interest foremost in our mind.
20. Signature of All Partners:
| Sr. No | Name (Sh./ Smt.) | Signature | ICAI Membership No. | Office Seal |
(Signature of all partners with Name and ICAI Membership No. & Office Seal)
Date:
