20 March 2013

IndianCAs: Illustrative Bank Branch Audit report [1 Attachment]

[Attachment(s) from Ashwin Nagar included below]

Please find attached illustrative bank branch audit report and a mail from chairman of A&AS board.

| Ashwin Nagar | FCA and SAP-Finance & Consolidations |
Success is not permanent and failure is not final

Dear Members,

This is further to my earlier mails informing you all regarding 2013 Guidance Note on Audit of Banks as also reporting in respect of total number and amounts of debits/ credits pursuant to Memorandum of Changes issued by the bank branch auditors and reporting thereof under the "Other Matters" Paragraph in the bank branch audit report.

In the above context, I wish to draw your attention to the fact that guidance in respect of the aforementioned matter has been included in paragraph 3.44 of Chapter 3, Accounting and Auditing Framework of Part – I of the Guidance Note.  Further, an illustrative format of bank branch audit report (also containing illustrative reporting on the aforementioned aspect of MoCs) has been made part of the Appendices to 2013 Guidance Note on Audit of Banks.  The complete text of the Guidance Note is available on ICAI's website www.icai.org under URL and can be downloaded free of cost from there.  For your ready reference, however, the said illustrative bank branch audit report format is also attached with this mail.


Chairman, Auditing & Assurance Standards Board
Click here to unsubscribe from future mailings.


Attachment(s) from Ashwin Nagar

1 of 1 File(s)

Reply via web post Reply to sender Reply to group Start a New Topic Messages in this topic ()
Recent Activity:
Note: All messages posted by members including me on this group are sent in their personal capacity. No official position held anywhere by them have nothing to do with this email group. The group does   not accept any responsibility with regards to accuracy or the mistakes in the material circulated on this group. Please confirm from your independent source before using the information or material posted on this group.
Further, your attention is invited:

The messages on this group are approved only when the moderator finds it of immense importance to the members at general, otherwise, this group is not used for discussion or as discussion forum.


No comments:

Post a Comment

What do you think about this? Please write your comment.

CA Exams rescheduled

Looking current situation CA Exam is rescheduled: CA inter and final exams will from 21st Nov . CA foundation will be from 8th Dec 2020.