Audit of banks
This query is : Resolved
Guest
Guest
(Querist)
20 August 2012
What is the procedure for the audit of banks?? is it different from ordinary audits??
Amol S Joglekar
(Expert)
20 August 2012
basically it aims at NPA audit. (Non performing audit) in addition to regular points to be checked.
CA Lokesh Pokharna
(Expert)
20 August 2012
it depends on whether it is a concurrent audit or a statutory ???
procedure is simple in concurrent audit - checking of routine work and in statutory - % checking in different class of assets & liabilities.
procedure is simple in concurrent audit - checking of routine work and in statutory - % checking in different class of assets & liabilities.
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