CA SONIYA AGARWAL (self practice) (3005 Points)
08 April 2014KINDLY LET ME KNOW , NO.OF BANK AUDIT A CA FIRM CAN GET , DOES IT DEPEND ON NO OF FCA PARTNER IN THE FIRM ?? SINCE AN INDIVIDUAL CA GETS 1 BANK AUDIT AFTER EVERY 3 YEARS BUT IN FIRM WHERE LOTS OF INDIVIDUAL CA ARE PARTNERS HOW BANK AUDIT ALLOTTED IN THAT CASE .
sathianarayanan.t
(chartered accountant)
(267 Points)
Replied 18 April 2014
In the case of public sector banks, a CA firm can do audit for one bank only and branches allotted may be a maximum of 3 branches. Size of the branch depending upon the number of parters in that firm. In the case of private sector banks, number of banks not limited. If you have influence in those private banks, you can get any number of branches.
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