Statutory bank branch audit 2012

Whether you received any news about offer mail to any firm regarding bank audit

Council members are discussing the problem with RBI

outcome is not known...

Refer blog of CA C.V.Pawar ....as per him Bank Branch Audit policy is decided for 2011-12 & he is a member of WIRC of ICAI....informative  

is in current  year category III and IV not get bank branch audit ?

category III may get..... becz the limit is already fixed.

category IV  members are in large numbers

some system should be introduced for long term focus....

...not a good sign for SME firms if bank branch audit / CAG are not spared for them.

Is any news when the allocation list will be out??

Whether you received any information regarding offer mail for bank audit appointment

No offer mail for addition in any catagory is made so far by any bank

The discussion  was already over and advance limit for selection of branches for audit was already declared by RBI ..two  weeks before

The catagories for branches can not declared... becz that depends on the availability of catagory II  with every bank... it may go upto very minimum extent of catagory IV... allocation.

yesterday .. ICAI's newly elected president and VP had a meeting with finance ministry and the agenda had this discussion also...... ...

discussions are going on to reduce the advance limit proposed for selection .... but no concrete news

hoping for better to come .....

Whether RBI has already sent the list of auditors to the Banks or not

RBI has sent the list to banks but i think banks have been stopped by RBI from allotting bank audit assignments as final words regarding branches to be audited are yet to be decided.

so far no developments known and also no news of getting offer letter from a bank in this part of hubli, kanataka, how about other parts?. pl. contribute.

NO, YET RBI  NOT SENT LIST OF AUDITORS TO THE BANK

You can check  CA Vashisht Amresh's blog on link below

The news of revival of old allotment pattern is likely before Holi

https://finance.groups.yahoo.com/group/ICAI_CIRC_MEERUT_CA/message/90658

Rbi have not send any list of Bank auditor for f.y. 2011-12 so far.