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Discussion > Audit > Stat Audit >

Draft Bank Branch Auditors Panel for 2013-14

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[ Scorecard : 900]
Posted On 14 February 2014 at 19:44 Report Abuse

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.


Online classes for CA CS CMA



SSG


[ Scorecard : 900]
Posted On 18 February 2014 at 18:02

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





SSG


[ Scorecard : 900]
Posted On 20 February 2014 at 20:25

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 613 times


SAURABH KASTURIWALE
PRACTISING C.A.


[ Scorecard : 45]
Posted On 21 February 2014 at 20:45

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 ?




sathianarayanan.t
chartered accountant


[ Scorecard : 94]
Posted On 22 February 2014 at 13:49

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




SSG


[ Scorecard : 900]
Posted On 22 February 2014 at 16:10

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.




SSG


[ Scorecard : 900]
Posted On 24 February 2014 at 12:38

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.




SAURABH KASTURIWALE
PRACTISING C.A.


[ Scorecard : 45]
Posted On 24 February 2014 at 13:06

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




SSG


[ Scorecard : 900]
Posted On 24 February 2014 at 14:02

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.




SSG


[ Scorecard : 900]
Posted On 28 February 2014 at 19:54

 

 

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


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