Guidance note on Audit of Insurance

Internal Audit 7789 views 4 replies

Does anyone have a soft  copy of the Guidance note on audit of companies conducting general insuarnce business.

I went to the ICAI office in New Delhi. I was told that they no longer print the said guidance note.

I also checked the websites of Jain book agency and also talked to a few leading booksellers as to whether they have any books on accouting / Auditing for Insurance companies. The answer everywhere was negative.

There was a 6 page article on the Chartered Accountant Journal in 2004, which I have downloaded.

Does anyone have a copy of the accounting for Insurance company as published by our CA institute for CA final students ?

Is there anywhere apart from IRDA website where I can get some help ?

Replies (4)

I am also searching for guidance note on audit of general insurance business and any other material relating to accounting of General Insurance business.
 

If fyou find than please forward me.

 

I am also searching for guidance note on audit of general insurance business and any other material relating to accounting of General Insurance business.
 

If fyou find than please forward me.

 

sir,

i too am searching for the general insurance audit programme ... if anybody have some information on it .. please forward it to my email id gchor420 @ gmail.com

                                                                    NOTES FOR INSURANCE AUDIT

1.CHECK THE INTERNAL AUDIT REPORT

2.CHECK THE INTRIM AUDIT/STATUTORY AUDIT REPORT(PRVS YEAR)

3.NOTE ANY OBSERVATIONS BY INTERNAL/STATUTORY AUDIT - RECTIFIED OR NOT

4.VERIFY INSURANCE CLAIMS

5.T.D.S MATTERS FOR  

(A):AGENT COMMISSION.

(B):SURVEYOR & ADVOCATE FEES

(C): T.D.S ON THIRD PARTY INSURANCE

 (D):T.D.S. ON SALARIES INCLUDING BRANCH OFFICES

6.SERVICE TAX

7.CLAIM SETTLEMENTS


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