Central statutory audit
This query is : Resolved
Komal Kumari
(Querist)
25 May 2013
Dear Sir/ Ma'am,
What is the meaning of 'Central Statutory Audit'..??
How is it different from 'Statutory Audits'..??
What is the meaning of 'Central Statutory Audit'..??
How is it different from 'Statutory Audits'..??
14 July 2013
Central Statutory Audit is for Banks. Banks have several branches and each branch is not audited by the auditor who is the statutory auditor so the branch auditors are statutory auditors and the main auditor who signs the B/S is called Central Statutory Auditors. There are many auditors for bank as Regional Office auditor, Divisional Office Auditors these offices never generate any revenue but the Central Auditor is required to incorporate all these accounts and he is also to decide the notes put by the branch auditor for main report
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
