Suggestions For This Budget: 1. Honor those Who are Ranked in Top: This suggestion is made to give due respect to the citizens of India who comply with the pr
As concurrent audit is a continues function it will always be called as extended arm of management function, a tool to reduce the gap between the transaction and audit of the same, a part of Internal control and so on. In spite of being there in t
Ledger scrutiny is part of audit procedures, like vouching, posting etc.The scrutiny is required in all type of audit whether the same is Internal Audit, Statutory Audit. Ledger scrutiny is to be done for all type of clients whether the same is Pvt
Though, everybody shows to be surprised when the news of a Bank CMD with CBI, LIC Hsg some time back, the features of this naturewill be observed everywhere in routine financial activities, starting from the base level of the branch till the last lay
Banking Made Simple: Review of Audited Accounts for New Advance: This note is prepared with a view to understand step by step the points to be look into and their relevance for consideration of sanction of advance
All type of audits like bank audit, company audit, internal audit,statutory audit requires to some extend applying of same principles of audits,and audit techniques. BEFORE AUDIT: As observed, 80% of the work of audit in a CA Firm has repetit
When the new Finance Minster takes oath, I started thinking my expectations which are not fulfilled since long. These expectations are not require any provision in the budget, any allocation increase, any allotment in Five Year Plan. However, will r
The Concurrent Audit of the banks has almost 15 years old now. Earlier days It was just an allotment and expectations are to carry out the audit as per the con current audit simple manual provided along with the appointment. The general terms
The documentation applicable for particular type of advances are either given in the Advance Manual of a particular bank or in the circular for specific type of advances, however, the main framework for documentation is as per the advances manual of
There is always a demand to meet the targets of advances by the higher authorities. Our Finance Minster, Hon. Mr. Chitambaram also asked the nationalized banks to increase their adv
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