How to do best in bank audit..........

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Dicson (Querist)
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15 February 2012 I am an article assistant doing pcc i want to know what is bank audit and how i do best in audit.

Guide me

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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22 February 2012 The Reserve Bank of India has tightened the norms for selection of central statutory auditors for the public sector banks and financial institutions.
The selection process has been linked to appraisal system to be made on the basis of selected parameters such as longer association of members with the firm, qualification of overall employees and experience of bank audit.

On the other hand, the allotment of auditors to the banks is pegged to the asset size of the banks. In the process, the total number of auditors to be selected for PSU banks and FIs has been trimmed to 146 from 181 earlier.

also info:

https://www.caclubindia.com/experts/bank-audit-891535.asp

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