CCI Online Coaching    |    x


Draft Bank Branch Auditors Panel for 2013-14




Draft Bank Branch Auditors' Panel 2013-14 available at meficai.org site.

 

http://meficai.org/draftpanel_cov_letter_new.jsp

 

So check your UCN now.

 
Reply   
 



By which date we will be receiving appointment letters from the banks?

 
Reply   
 





Punjab and Sind Bank has come up with the list of Statutory Branch Auditors for 2013-14.

 

 



Attached File : 16687 1288959 psb sbb 2013 14.pdf downloaded 677 times
 
Reply   
 
PRACTISING C.A.



whether only one Punjab & Sind bank has put such a list or all banks are putting up such a list ? is there any new regulatory requierement as such now to put such a list now ?

 
Reply   
 
chartered accountant



Hi.. SSG, the list attached by you has 25 names of the audit firms.  I don't think, it is the full list.

 
Reply   
 



Originally posted by : sathianarayanan.t
Hi.. SSG, the list attached by you has 25 names of the audit firms.  I don't think, it is the full list.

This is the list of CA firms that were not in the last year list i.e. newly empanelled firms with PSB.

 
Reply   
 



There should be equitable distribution of work. Every eligible audit firm should get atleast one branch for statutory audit, rather allotting three branches to proprietorship firms. This will definitely improve the quality of audit work. Hope ICAI take up this matter with RBI.

 
Reply   
 
PRACTISING C.A.



do you have any news of any proprietorship firm being alloted 3 branches? If yes which bank has started allotment ? 

 
Reply   
 



As per guidelines, a firm can be allotted maximum upto 3 branches. Last year, three branches were alloted to proprietorship firms. Don't know yet about this year.

 
Reply   
 



 

 

In an email high level officer of RBI wrote as follows: 
 
"The statutory branch auditors are selected by the respective banks as per their Board approved policy, based on the requirements of the bank at the 
particular region/ locality and depending on the level of advances of the branches.
 
CA NITESH MORE
 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  



 


Search Forum:





close x