Queries and answers on statutory bank Audit

The file attached below contains some of the queries raised by the members in relation to the audits of banks and bank branches for the year ended 31.March 2008. The queries were responded by an expert panel comprising senior members from the profession. The responses given by them represent the personal vies of the concerned expert(s). The Institute of Chartered Accountants of India may not necessarily subscribe to the views expressed by the expert(s) nor does the Institute accept responsibility for the action taken by the querists on the basis of the responses of the expert(s).

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