CA, CS, CMA : The article examines whether the Income Tax Amendment Bill, 2026 expanded CMA authority to bank audits. It clarifies that while CM...
CA, CS, CMA : The audit highlights how incorrect CBS parameterization and weak internal controls lead to significant revenue leakage. It stresse...
Fema / RBI : A summary of the revised RBI-mandated Long Form Audit Report (LFAR) for Statutory Central Auditors (SCAs), covering key clauses, r...
CA, CS, CMA : A technical analysis of the LFAR Advances section for bank audits. It explains key clauses on credit appraisal, documentation, pro...
CA, CS, CMA : Comprehensive Audit Manual for SMEs FY 2024-25 covers CARO 2020 changes, Schedule III revisions, and accounting standards with edi...
Fema / RBI : A practical webinar will explain the real-world approach to conducting statutory bank branch audits efficiently. The session cover...
CA, CS, CMA : Understand UDIN requirements for Bank Audit including LFAR, Certificates, and Tax Audit Reports. Learn how to generate UDINs and c...
CA, CS, CMA : ICAI's AASB launches online expert panel for bank branch audit queries. Get guidance on RBI guidelines from April 1-15, 2025....
CA, CS, CMA : Explore the 2025 edition of ICAI's Guidance Note on Audit of Banks. Includes sections on RBI Master Circulars, Master Directions, ...
CA, CS, CMA : ICAI invites public comments on the Exposure Draft for the Audit of Banks Guidance Note (2025 Edition). Submit by February 5, 2025...
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...
Learn about the Memorandum of Changes (MOC) in bank audits – its importance, nature, format, and key considerations for auditors. Ensure accuracy in financial statements.
Gain insights into bank audits with LFAR Ready Reckoner 2024. Enhance skills in asset quality, risk management, and compliance. Valuable resource for auditors.
Discover essential steps for an effective bank branch statutory audit, from initial preparation to finalization of reports. Explore detailed analysis and key considerations.
Unlock the secrets of statutory bank branch audits in our live course! Dive deep into regulatory insights, practical techniques, and real-world scenarios.
Master audit documentation with our guide for bank branch audits. Learn compliance with SA 230, preparation, real-time documentation, and ensuring audit integrity.
Unlock your auditing potential with our practical guide for first-time statutory branch auditors in the banking sector, covering RBI regulations, audit guidelines, and key financial checks.
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.
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.
