CA, CS, CMA : Unveil the complexities of bank branch operations, NPAs, and audit procedures under SA 315 guidelines. Learn more in this detailed...
CA, CS, CMA : Bank Audit Manual 2022-23 with editable Excel formats. Explore key updates, Break Even Date for NPA, LFAR key checks, Bank Audit R...
CA, CS, CMA : Learn about the Memorandum of Changes (MOC) in bank audits - its importance, nature, format, and key considerations for auditors. ...
CA, CS, CMA : Discover essential steps for an effective bank branch statutory audit, from initial preparation to finalization of reports. Explor...
CA, CS, CMA : Master audit documentation with our guide for bank branch audits. Learn compliance with SA 230, preparation, real-time documentati...
CA, CS, CMA : Get expert help with bank branch audit queries for 2023-24. AASB, ICAI's online panel resolves challenges faced by auditors. Email...
CA, CS, CMA : Unlock the secrets of statutory bank branch audits in our live course! Dive deep into regulatory insights, practical techniques, a...
CA, CS, CMA : Explore the 2024 edition of ICAI's Guidance Note on Audit of Banks. Includes sections on RBI Master Circulars, Master Directions, ...
CA, CS, CMA : Explore the Exposure Draft by AASB on Audit of Banks 2024. Share your insights through email or post by 31st December 2023. ...
CA, CS, CMA : Firm of Chartered Accountants cannot accept branch Audit of the Bank if one of the partners has taken the loan from any branch of ...
CA, CS, CMA : It is the case of the petitioners that they have been appointed as Statutory Branch Auditors by the erstwhile Allahabad Bank, whic...
Fema / RBI : Explore RBI guidelines effective from April 1, 2024, on Statutory Auditor appointment for State and Central Co-operative Banks. Ke...
Fema / RBI : Source- Unconfirmed and based on File Received from Social Media Revised RBI Guidelines for Appointment / Re-appointment of Statut...
Fema / RBI : RBI increases remuneration payable to Statutory Central Auditors (SCAs) & Branch Auditors (SBAs) of Nationalised Banks (NBs) from...
Fema / RBI : Issue of Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding R...
Fema / RBI : As per Para 6.4, whether the time gap of one year between any non-audit works by the SCAs/SAs for the Entities or any audit/non-au...
Explore RBI guidelines effective from April 1, 2024, on Statutory Auditor appointment for State and Central Co-operative Banks. Key insights for compliance and selection process.
Explore the Exposure Draft by AASB on Audit of Banks 2024. Share your insights through email or post by 31st December 2023.
वित्तीय ऑडिटिंग किसी संगठन के (या व्यक्ति के) वित्तीय रिकॉर्ड की जांच करने की प्रक्रिया है, ताकि यह निर्धारित किया जा सके कि वे सटीक हैं और किसी भी लागू नियमों (स्वीकृत लेखा मानकों सहित), विनियमों और कानूनों के अनुसार हैं। ऑडिटिंग की यह प्रक्रिया अलग-अलग उद्देश्यों के साथ की जाती है, यदि ऑडिटर का […]
Explore the importance of Statutory Audit in the banking sector, covering risk-based internal audits, statutory auditors roles, and the audit process for advances, revenue items, expenses, and provisions. Ensure transparency and compliance for a healthy financial system.
Firm of Chartered Accountants cannot accept branch Audit of the Bank if one of the partners has taken the loan from any branch of that bank. The members should not place themselves in position which would either compromise or jeopardize their independence.
The concurrent Auditor of a Branch can undertake the assignment of LFAR only with respect to Branches which are not subject to Statutory Audit. With respect to Branches which are subject to Statutory Audit, the LFAR assignment shall be undertaken by the Statutory Auditor.
Download the Bank Audit Manual 2022-23 with editable Excel formats. Explore key updates, Break Even Date for NPA, revised LFAR format, and crucial audit checks for a comprehensive understanding of bank auditing.
ICAI has released an Excel Utility which is based on the procedures outlined in the Guidance Note on Audit of Banks and the Technical Guide on the Long Form Audit Report.
Explore the critical GST perspectives during Statutory Bank Audits. Learn about transactions, exemptions, reverse charges, place of supply, and their impact on banking company financials. Understand GST implications on various services, foreign transactions, legal services, and input tax credit. Ensure compliance with GST rules, place of supply provisions, and export supply conditions. Trustworthy insights for Auditors conducting Statutory Bank Audits in the evolving GST landscape.
As we all know that Statutory Bank Branch Audit is a one time task for a particular financial. Also we need to complete the bank audit within limited time so it’s an commendable job on all the chartered Accountants to complete the audit on time with quality reporting. Also you all are aware that government […]
