How bank audits(statutory and concurrent audits)are received?Is it necessary to have partnership firm or proprietory concern can also obtain same?
Menu
Concurrent audit
Replies (2)
There is empanellment of CA firms (including individuals) for the bank audit. Generally firms with more number of experienced partners get the more weightage in this.
Partnership firms having at least 4 members wish DISA qualification will soon get the audits; if they apply for bank audit through empanelments procedure.
Concurrent Audit and Income & Expenditure Audits are also allotted on the same basis.
Sometimes Income & Expenditure Audits can be had if you "approach" higher authorities of the Bank.
Recent Topics :
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
Related Topics :
CAclubindia
