Bank statutory audit 2011-12

Stat Audit 8081 views 36 replies

Hello all

Pls update me about Bank statutory audit 2011-12,what is the RBI final decision regarding Advances limit,Whether RBI has sent the list of auditors to banks,Whether any firm has received any offer letter or call from any bank regading appointment for bank audit.

Thanx

Replies (36)

I HAVE SO FAR NOT HEARD OF DEVELOPMENTS.PROCESS IS NOT YET COMMUNICATED.WILL BE CLEAR BY 15 TH MARCH 2012

I HAVE SO FAR NOT HEARD OF DEVELOPMENTS.PROCESS IS NOT YET COMMUNICATED.WILL BE CLEAR BY 15 TH MARCH 2012

as per lattest info' from a very senior person blog for bank audit - 2012

"As per senior functionary -ICAI- who was at the helm of affairs " The news of revival of old allotment pattern is likely before Holi".

we shall wait for official communication

Sir

It means the old pattern of bank audit will remain same,Pls update what will be the proceedure of allotment of bank as this year our firm is in under rotation.

thanx

CLICK THE BELOW BLOG LINK :

https://finance.groups.yahoo.com/group/ICAI_CIRC_MEERUT_CA/message/90663

 

 

Originally posted by : CA.VEERENDRA.MURASHILLIN.HUBLI

 

 

yes the same ICAI_CIRC_Meerut page is giving the message about revival of old system

https://finance.groups.yahoo.com/group/ICAI_CIRC_MEERUT_CA/message/90628

members in facebook interaction are also hoping this only to happen

Pls update the status of bank audit for the fy 2011-12

A letter is filed by  MP - Mr.Navjoth singh sidhu today to Ministry of finance , RBI to increase the scope of bank audit

letter is attached

 

memorandum against reduction in bank branch audit is filed to Prime minister by ICAI-Panipet branch on 05th  march

 

https://icai.org/new_post.html?post_id=8211&c_id=240

Hello all

Pls update the status of Todays meeting at RBI on Bank audit 2011-12

thanx

A ppt presentation on why bank branch audit ..is required ? is filed before RBI during last month

ppt is attached

 

No news still.... known sources are declining to comment on outcome of meeting proposed on 9th march

 

 

Members of EIRC has informed in the Seminar on Bank Audits on 10th March, 2012 that the matter is lying with Finance Ministry and it will be taken up by the Ministry only after presentation of Budget, 2012 on 16th March, 2012.

any new update???


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