GUIDANCE NOTE ON AUDIT OF BANKS
(2008 Edn.)
We are pleased to inform
that a revised 2008 Edition of the Guidance Note on Audit of Banks has been
released.
The 2008 edition of the
Guidance note has been divided into four distinct parts.
Part I - Banking
Operations
information about the banking
industry
its legal
framework
accounting and auditing
framework.
significant financial statement
items-their presentation in the financial statements, relevant RBI guidelines,
etc.
Part II Audit Approach and
Procedures
Basic audit considerations in branch
office vis a vis head office
audit procedures for each of the
financial statement item discussed in Part I.
Part III - Long Form Audit
Reports
LFAR in branches
LFAR in head
office
Part IV - Special
Aspects
Special aspects such as Ghosh Jilani
Committee requirements
SLR certification, etc.,
respectively.
The Guidance Note comes with a CD pasted at the
inside of its back cover. This CD contains the text of relevant circulars of the
RBI. The CD is not to be sold separately.
How to Get a Copy
The Guidance Note is available for sale at the
sales counters of all the ICAIs Regional Councils/ their branches near
you.
OR
If however, you are unable to get one from there,
you can send a Demand Draft of Rs.400/- plus courier charges as applicable
(courier in Delhi Rs. 15/-, courier outside Delhi Rs. 50/-). The DD should
be in favour of The Secretary, The Institute of Chartered Accountants of India
payable at New Delhi. The DD can be sent at the following address:
Assistant Secretary (STORES)
The Institute of Chartered Accountants of
India,
ICAI Bhawan
, C1,
Sector-1,
Audit
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