Concurrent bank audit

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 January 2014 Please tell me step by step procedure for concurrent audit of bank.
Where to start from??
What to check?? etc.

CA-CWA RAVI

CA-CWA RAVI (Expert)
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13 January 2014 you must have been provided with the concurent audit manual of the bank of whichyou are supposed to audit... just follow the each and every procedure therein.
otherwise there are many areas which you are supposed to look in the credit and non credit functions of the bank :
Know Your Procedure Compliance
Sanctions and concurrence
Exception reports
Anti money laundring reports
functioning of Finnacle.
and many others