Statutary bank audit 2015

Stat Audit 1998 views 10 replies

BANK MUST GIVE ONLY ONE BRANCH PER AUDITOR TO SPRDE WORK AMONG AUDITOR  ISSUE ALLOTMENT LATTER MUCH IN ADVANCE SO THAT DEDLINE ACHIVED BY ALL AUDITORS

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I have a query I stay in Chennai my 4 years of bank branch audit was over last year 1 do we have cooling period for branch audit in Chennai 2 met has not given the latest list when will the list be ready

Dear all

I am a category IV auditor. My name was there in the final panel forwarded to RBI by ICAI. I havent received any call or email yet from any bank. What to do ?

Thanks.

 

 

How do we know that we will get branch bank audit or not
How do we know that we will get branch bank audit or not

So far informed list is final only branch allotment is pending.

Institute or RBI should display the list of the firms selected by banks.

There is no scope for us to check whether our firm name considered or not.

So far informed list is final only branch allotment is pending.

Institute or RBI should display the list of the firms selected by banks.

There is no scope for us to check whether our firm name considered or not.  

So far not received any call / mail from any bank. 

So..... we are not considered for audit of any bank.

I have gone thru the guidelines and I am of the opinion that during the tenure of 3 / 4 years (as applicable to SCA / SBA), Banks cannot remove the continuing auditors unless any disciplinary proceedings are pending or in case of any adverse remarks against SCA / SBA. Further, the guidelines uses the words 'continuing auditors' and 'new auditors'. From the above, one can conclude that consent is not required from the continuing auditors.

As because we are under 'new auditor' so this year also thanda...... thanda ......cool ....cool...........


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