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Question ID : 29560

Statutory Bank Branch Audits

Ours is a 23 Years old Proprietorship Firm.We had completed two years cooling period last year. Still We did not get branch audit this year.As long as RBI was distributing branches,everybody was getting some thing without influence. However that has changed now.

Posted by Mahesh Kumar on Apr 14, 2018

Filed Under AUDIT

Answer ID : 65458

I would like to draw your attention to PDICAI DAILY NEWS ROUNDUP - PDICAI Knowledge Capsule dated 14042018. I think that cooling period is also depending upon the city where the audit firm is located. Kindly check.

Posted by BALAJEE, K.S on Apr 15, 2018