Dear Professional Colleagues,
The Statutory Audit of the Banks forms an integral and important part of control mechanism of the regulators. Given the nature, scope and volume of transactions undertaken by banks, coupled with their geographical spread and various regulatory directions to which they are subjected to audit of financial statements of banks indeed becomes very challenging for the auditors.
For quality audit, it is essential that the statutory auditors are well equipped in terms of knowledge of the banking sector and keep themselves abreast with the latest developments.
Members are requested to visit the following important links to conduct the bank audit effectively and efficiently:
Members are requested to discharge their duties diligently while completing the audit assignment and make proper documentation of audit.
Moreover, it is advised that members should not rush through the deadline given by the banks but discharge their duties by taking proper time.
In case you have any issue while conducting issue, please feel free to write us at mefpdc@icai.in
We are sure that the audit conducted by you will be done in an most effective and efficient manner for achieving the desired objective.
Happy Auditing!
CA. Ranjeet Kumar Agarwal CA. Nihar Niranjan Jambusaria
Chairman Vice-Chairman
Professional Development Committee
Professional Development Committee