Important Update for Bank Branch Auditors - Must Check Appointment Letter and Terms of Engagement
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Important Update for Bank Branch Auditors - Must Check Appointment Letter and Terms of Engagement
Important Update for Bank Branch Statutory Auditors - Must Check Appointment Letter and Terms of Engagement and check regarding Reporting of Material Irregularities mentioned there.
Many Banks have added in Appointment Letter, Terms of Engagement shall require reporting of all material irregularities, including frauds, concurrently to the Chairman of the ACB as well as the Managing Director & Chief Executive Officer of the Bank. i.e. Bank of Maharashtra incroporated this into the Appointment Letter to Bank Branch Auditors.
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Bank Branch Statutory Audit Update. Total Number of Bank Branch Statutory Auditors (Category wise) Appointed and Total Number of Bank Branches Audited . CLICK ON THE LINK TO WATCH COMPLETE VIDEO,,,, https://www.youtube.com/watch?v=yEy0nBKEseM
List of CA Firms Appointed by RBI as Central Statutory Auditors (CSAs) of 12 Public Sector Banks (PSBs) Banks for FY 2023-24. Sl. No. Name of the Bank Names of audit firms approved for appointment as SCAs for FY 2023-24 with Firm Registration Number (FRN) and Unique Code Number (UCN) Tenure in FY 2023-24 (in years) 1 Bank of Baroda M/s Khandelwal Jain & Co., (FRN 105049W; UCN 60996) 2nd M/s S Venkatram & Co LLP, (FRN 004656S; UCN 190913) 2nd ...
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