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 2022-23. This initiative by the Auditing and Assurance Standards Board (AASB) aims to provide timely support for common issues encountered during bank audits, especially in light of recent RBI guidelines and pronouncements. Members can submit their questions via email to bankauditfaq@icai.in between 1st April and 15th April 2023.
Auditing and Assurance Standards Board
The Institute of Chartered Accountants of India
31st March, 2023
ONLINE PANEL OF EXPERTS FOR ADDRESSING BANK BRANCH AUDIT RELATED QUERIES
Dear Members,
The bank audit season is around the corner. Various significant announcements have been made by th
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FAQ :
The panel has been formed to help members of the ICAI address queries and issues that arise during bank branch audits, particularly concerning recent RBI guidelines and pronouncements.
The panel is available for members of the Institute of Chartered Accountants of India (ICAI) who are conducting bank branch audits.
Queries can cover a range of topics including NPA status determination, implications of complex data, understanding RBI circulars, audit report wording, and reporting requirements.
Members can submit their queries to the panel from 1st April 2023 until 15th April 2023.
Queries should be sent via email to the address bankauditfaq@icai.in.
No, the views expressed by the experts are their personal opinions and do not necessarily represent the official views of the AASB or the ICAI. They should not be used as evidence in any legal proceedings.