ICAI constitutes Online Panel of Experts for Addressing Bank Branch Audit Related Queries for FY 2020-21



Quick Summary
The Institute of Chartered Accountants of India (ICAI) has established an online panel of experts to assist members with queries related to bank branch audits for the financial year 2020-21. This support service will be available from April 1st to April 15th, 2021. Members can submit their questions regarding complex issues like NPA determination, RBI circular implications, and reporting requirements to bankauditfaq@icai.in for prompt resolution.

The Institute of Chartered Accountants of India, with a view to support their members for fast resolution of their queries, has decided to offeronline support to themembers fromApril 1st, 2021 till April 15th, 2021for the bank branch audits for the year ended 31st March 2021. The queries can be sent at the email address:bankauditfaq@icai.in. Read the official announcement below: Auditing and Assurance Standards Board The Institute of Chartered Accountants of India 31st March, 2021 AUDITI
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FAQ :

The ICAI is offering an online support facility through a panel of experts to help members resolve queries related to bank branch audits for the financial year 2020-21.

The online support facility is available from April 1st, 2021, to April 15th, 2021.

Members can submit their queries by sending an email to bankauditfaq@icai.in.

Queries can cover various aspects of bank branch audits, including NPA status, implications of data found, RBI circulars, reporting requirements, and recommendations from committees like Ghosh and Jilani.

The online support facility is managed by an expert panel, with queries distributed on a random basis for replies.

No, the views expressed by the experts are their personal opinions and not necessarily those of the Auditing and Assurance Standards Board (AASB) or the ICAI. The ICAI and the panel members do not accept responsibility for actions taken based on this advice.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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