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The Auditing and Assurance Standards Board (AASB) of the Institute of Chartered Accountants of India (ICAI) has released the Exposure Draft of the Guidance Note on Audit of Banks (2025 Edition) for public comments. This annual Guidance Note provides comprehensive instructions to auditors conducting statutory audits of banks and their branches, ensuring adherence to regulatory and professional standards. Official copy of the notification is as follows The Auditing and Assurance Standards Boar
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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 (2025 Edition).
The Guidance Note provides comprehensive instructions to auditors conducting statutory audits of banks and their branches, ensuring adherence to regulatory and professional standards.
Comments are invited from various stakeholders on the Exposure Draft.
The last date for submitting comments on the Exposure Draft is 05th February 2025.
Comments can be submitted via email to aasb[at]icai[dot]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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