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Bank audit

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(Querist)
27 June 2016 there is a co-op bank, during fy 15-16 bank has internally detected a fraud and further action is being done by the bank. does the statutory auditor has to give any special audit report on the fraud? kindly guide with such report if any.
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Amol S Joglekar

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Amol S Joglekar (Expert)
27 June 2016 yes. The statutory auditor has to make a NOTE of the same and report the same in his audit report
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