Some Banks are directly contacting CA firms for 2008-09 Bank Branch Statutory Audit to send application and consent. Is there any change in the procedure of appointment for this year?
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Change in the Bank Branch Audit appointment Procedure
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MEFICAI recently hosted the CA panel for 08-09 Bank Branch Statutory Audits. If the rules had been changed and banks allowed to appoint stautory auditors directly then ICAI would not have hosted the CA panel
In GUNTUR DISTRICT of ANDHARA PRADESH two members received call from ANDHRA BANK about their willingness to conduct branch audits.
Another two members received EMAILS from STATE BANK OF INDIA about their willingness to conduct branch audits
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