ICAI releases Exposure Draft of Guidance Note on Audit of Banks (2024 Edition)



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The Institute of Chartered Accountants of India (ICAI) has released an Exposure Draft for the 2024 edition of its Guidance Note on the Audit of Banks. This revised guidance is intended to provide auditors with detailed instructions for conducting statutory audits of banks and their branches. The Auditing and Assurance Standards Board (AASB) is inviting comments from all stakeholders on this draft, with the deadline for submissions being 31st December 2023.

Auditing and Assurance Standards Board The Institute of Chartered Accountants of India 10th December, 2023 Exposure Draft of Guidance Note on Audit of Banks (2024 Edition) The Auditing and Assurance Standards Board (AASB) of ICAI under the authority of the Council of ICAI brings out the revised edition of Guidance Note on Audit of Banks every year to provide detailed guidance to auditors on statutory audit of banks and bank branches. AASB is in the process of bringing out the Guidanc
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FAQ :

The ICAI's Auditing and Assurance Standards Board (AASB) has released an Exposure Draft of the Guidance Note on Audit of Banks (2024 Edition).

The Guidance Note provides detailed guidance to auditors on the statutory audit of banks and bank branches.

Comments are invited from various stakeholders on the Exposure Draft.

The last date for submitting comments on the Exposure Draft is 31st December 2023.

Comments can be submitted via email to aasb@icai.in or by post to the Secretary, Auditing and Assurance Standards Board, ICAI Bhawan, Post Box No. 7100, Indraprastha Marg, New Delhi- 110002.




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