GUIDANCE NOTE ON AUDIT OF BANKS (2008 Edn.)
We are pleased to inform that a revised 2008
Edition of the Guidance Note on Audit of
Banks has been released.
The 2008 edition of the Guidance note has
been divided into four distinct parts.
Part I - Banking Operations
„h
ƒn information about the banking
„h
ƒn its legal framework„h
ƒn accounting and auditing framework.„h
presentation in the financial
statements, relevant RBI guidelines,
etc.
ƒn significant financial statement itemstheirPart II
– Audit Approach and Procedures„h
office
ƒn Basic audit considerations in branchvis a vis head office„h
financial statement item discussed in
Part I.
ƒn audit procedures for each of thePart III - Long Form Audit Reports
„h
ƒn LFAR in branches„h
ƒn LFAR in head officePart IV - Special Aspects
„h
Committee requirements
ƒn Special aspects such as Ghosh Jilani„h
The Guidance Note comes with a CD pasted
at the inside of its back cover. This CD
contains the text of relevant circulars of the
RBI
How to Get a Copy
ƒn SLR certification, etc., respectively.. The CD is not to be sold separately.The Guidance Note is
the sales counters
available for sale atof all the ICAI’sRegional Councils/ their branches near you.
OR
If however, you are unable to get one from
there, you can send a Demand Draft of Rs.
400/- plus courier charges as applicable
(courier in Delhi
Delhi
favour of
Chartered Accountants of India
New Delhi. The DD can be sent at the
following address:
Assistant Secretary (STORES)
The Institute of Chartered Accountants of
India,
– Rs. 15/-, courier outside– Rs. 50/-). The DD should be inThe Secretary, The Institute ofpayable atICAI Bhawan
NOIDA
, C–1, Sector-1,– 201 301.Tel.: 0120
– 3054 802In case you need any further information,
drop in a mail at
aasb @ icai.org ornoidastores @ icai.org
or call us at 0120 –3054 815.
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