ICAI releases 2022 edition of guidance note on audit of banks



Quick Summary
The Institute of Chartered Accountants of India (ICAI) has released the 2022 edition of its comprehensive Guidance Note on the Audit of Banks. This updated document provides essential information for auditors, including the main text of the guidance note, relevant appendices for statutory central and bank branch audits, and details on master circulars and directions from the RBI. It also includes a section on notifications, FAQs, and general circulars pertinent to bank audits.

Auditing and Assurance Standards Board
Guidance Note on Audit of Banks (2022 Edition)

The Institute of Chartered Accountants of India

10th February, 2022

ICAI Releases New Audit of Banks Guidance Note 2022

A. Foreword and Preface of Past Years

B. Text of Guidance Note on Audit of Banks (2022 Edition)

C. Appendices of the Guidance Note on Audit of Banks (2022 Edition)

D. Text of Relevant Master Circulars Issued by the RBI

E. Text of Relevant Master Directions Issued by the RBI

F. Text of Relevant Notifications, FAQs and General Circulars

FAQ :

The Institute of Chartered Accountants of India (ICAI) has released the new guidance note.

The title is the Guidance Note on Audit of Banks (2022 Edition).

The guidance note was released on 10th February 2022.

The guidance note includes the text of the guidance note, appendices for statutory central and bank branch audits, relevant master circulars and directions from the RBI, and notifications, FAQs, and general circulars.

Yes, there are appendices covering Statutory Central Audit and Bank Branch Audit.




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