(Last Updated On: March 19, 2017)
Practical Workbook for Statutory Bank Branch Auditors (In Accordance with ICAI Standards on Auditing (SAs) -2017 Edition) by CA. Ishwar Chandra (Author)
The aim and the approach of writing the book has been to help branch auditors understand ‘What to do’ and ‘How to do’ in an efficient and effective manner besides the simultaneous documentation of audit procedures. ‘What to do’ is chiefly based on statutory requirements and RBI guidelines, while in ‘how to do’, ICAI Standards on auditing (Sas) and current CBS environment have been kept in mind.
Also Covering:
- Procedures for Accepting the Audit
- Procedures for Planning the Audit
- Procedures for Performing the Preliminary Audit
- Procedures for Performing the Final Audit
- Procedures for Reporting the Audit
- LFAR,Tax Audit and Special Purpose Certifications
- Relevant Analytical/Audit Exception Reports generally available in Finacle,B@NCS&Flexcube environments
- Suggested Branch Audit Formats for collection and evaluation of information for Planning,Performing and Reporting the Audit
- Suggested Audit-Hints
Apart from the audit procedures suggested, salient features of this workbook include:
- Staged Approach right from the Acceptance of Offer to Reporting of Audit helps conduct the audit in a more systematic and planned manner.
- Suggested Procedures and with Audit Formats for collecting and evaluating information would help supervise and document the audit simultaneously.
- References of relevant RBI guidelines/laws/SAs have been included at appropriate places.
- Audit Hints beneath the suggested audit procedure, wherever considered necessary, have been incorporated to help auditors apply the audit procedures.
- CBS Reports generally available in current CBS environments (Finacle, B@NCS, and Flexcube) and useful for branch auditors have been indicated.
View Contents of this Book –Practical Workbook for Statutory Bank Branch Auditors
Related Books on Bank Audit 2017
