Revised Fees on Bank Audit
This query is : Resolved
P Suryanarayanan
(Querist)
13 August 2007
The Circular dated 6th June 2007 clearly says that Certification Fees @ 12% of the Basic Audit Fee is payable to Branch Auditors.Banks are now taking a view that this fee is payable only to the Statutory Central Auditors and not to the Branch Auditors which is very unjust.Please air your views
Rsn Associates
(Expert)
14 August 2007
This requires immediate intervention by the ICAI . Many members are likely to be affected .
R S Nambi
R S N & Associates
Chartered Accountants
R S Nambi
R S N & Associates
Chartered Accountants
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