SBI Concurrent Auditor Empanelment of Chartered Accountant Firms 2021-22. Last date 29.05.2021

SBI Concurrent Auditor Empanelment of Chartered Accountant Firms for FY 2021-22

Inter Audit Department SBI Hyderabad has invited applications for Empanelment of Chartered Accountant Firms for Concurrent Audit of State Bank of India for the Financial Year 2021-22

SBI Concurrent Auditor Empanelment of CA Firms for FY 2021-22

Eligibility Criteria:
Those firms which satisfy the following are eligible to apply:

(a) Grade 1, 2 and 3 firms as per RBI Grade as on the date of application.CA Firms with RBI grading IV are not eligible to apply.

(b) CA Firms having at least one year of experience of Concurrent Audit in any Commercial Bank.Firms with below 1 year experience will not be eligible to apply.

(c) CA Firms which have sufficient number of trained representatives of firm articled Clerk trained by ICAI on Concurrent Audit, Retired Officers of commercial Banks, qualified Chartered Accountants as Partner or Associate or as Staff, who will be available on all working days to attend to theConcurrent Audit.

(d) CA Firms chosen for engagement as Concurrent Auditors should be other than the ones selected for empanelment as Statutory Auditors for SBI to eliminate any room for conflict of interest.

(e) CA Firms who are already engaged as Concurrent Auditors in SBI are not eligible to apply.

Submission of Application:
The duly filled in application form in a sealed cover superscribed as “Application for Empanelmentof Chartered Accountant Firms for Concurrent Audit” should reach the respective Circle Audit Office on or before 29.05.2021 by 5.00 P.M.

(i) The application and all correspondence and documents relating to this process must be written in English. The applicant must provide individual and factual replies to specific questions asked in the application. Documents submitted should be complete in all respects as required.

(ii) Application as per Annexure-A needs to be submitted duly filled in with required particulars accompanied by copies of supporting documents i.e. Constitution of the Firm(Company / Partnership/ Proprietorship firm), RBI Grading certificate, Experience certificate etc. All supporting documents to Application must be self-attested by the authorized signatory for the applicant firm.

(iii) Incomplete application without required supportive documents will not be considered by the Bank.

Last Date for Submission of Application:
The last date for receipt of application is 29.05.2021. Please note that no application shall be accepted after 5.00 p.m. of the above date. Application submitted after due date or after the stipulated time of the due date or incomplete in any respect are liable to be rejected. The dully filled application along with the supporting documents should be submitted to the concerned General Manager (IA), Circle Audit Office (CAO)as per the Geographical locationas per Annexure-C.

SBI is not responsible for non-receipt of completed application within the specified date and time due to any reason including postal delays or otherwise

Download Application Format & Terms and Conditions Click Here >>

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