29 April 2014
Check the loans granted by the bank, check whether the cash balance matches with the data entered in the software, the rate of interest provided on FDs, Savings A/c etc. and the rate at which the income is earned by the bank.
29 April 2014
if you wish to have a deeper understanding of bank audits, go through ICAI guidance note on Bank audits. refer http://220.227.161.86/aasb-gnauditbank.pdf