UCO Bank Concurrent Auditor Online Empanelment for the period 01.10.2022 to 30.09.2023. Last date for submission of application is 29.09.2020
AUDIT & INSPECTION DEPARTMENT
HEAD OFFICE, KOLKATA
UCO bank has invited Expression of interest for empanelment of Concurrent Auditors
LAST DATE FOR SUBMISSION OF APPLICATION 29.09.2022
UCO Bank Concurrent Auditor Online Empanelment 2022-23
UCO Bonk invites online applications from practicing firms of Chartered Accountants in lndia for empanelment as Concurrent Auditors to undertake Concurrent Audit assignment in in designated branches/ offices through computerized application package and RLHs/AMBs/Service branches. Central Pension Processing Centre, SME Hubs, Treasury, Depository services and HO departments in India through manual process
Link to Apply Click Here >>
I. ELIGIBILITY CRITERIA FOR EMPANELMENT:
CA Firms not under cooling period ( I.e. no continuous audit for last three consecutive years In any branches/office of UCO Bank) are eligible for applying as per list of branches mentioned in Annexure – 1. For CA firms already engaged with us and not undercooling and their branch is listed in Annexure – II (Branches which are not identified for 2022-23) may apply for branches listed In Annexure -1.
(a) CA firm should preferably be a partnership concern having experience in the field. The Bank may also consider the sole proprietorship concerns and in that case they would be required to submit a declaration that they are full time practicing Chartered Accountants and are not employed elsewhere and do not have any other business interest with UCO Bank and not a Director In UCO Bank or related to any of the present Directors of UCO Bank.
(b) Applicant should either be a LLP / Partnership firm or Proprietorship, already inthe panel of the RBI, which are circulated among the Banks for Statutory Branch Audit of the Banks from time to time. Registration with RBI and category allotted by RBI are mandator.
(c) The Concurrent Audit firm should furnish the name, qualification and skill set of the persons, who shall be conducting audit in the branch, to the Bank before commencing audit assignment and such persons will have to continue audit for all the Twelve (12) months
(d) The Concurrent Audit firm shall not lobby directly or Indirectly for any credit proposals of their friends / clients to the Bank / auditee branch.
(e) “The eligible auditor / firm should be qualified under provisions of Section 141 of Companies Act 2013 for appointment as auditors of the Bank. Auditors should not be disqualified under Section 141 of the Companies Act, 2013 read with Rule 10 of The Companies [Audit and Auditors) Rules, 2014 to accept the appointment.
(f) The Auditors’ Services should not hove been terminated or stopped by our bank earlier for (i) want of satisfactory performance or (11) serious acts of commission or omission or (iii) professional misconduct or (iv) any other adverse reasons.
(g) If the name of the Concurrent Auditor is appearing In the list of Third Party Entities- TPEs prepared by ISA, or list of entities blacklisted by professional bodies such as ICAI or blacklist of other banks, then no empanelment would be considered.
(h) The eligible auditor / LLP / Firm should hove their office / infrastructure in the proposed Centre / town / city opted for.
(i) Audit firms should preferably have qualified Information System Auditor(CISA/DISA) with necessary exposure of system audit. Since all the branches of the Bonk are fully computerized, system audit shall form an integral part of audit of the bank
(j) The applicant can opt for any five branches / units in the order of preference either In one or two Centre/Town/City.
Read complete eligibility, scope of audit, requirements and other Terms and Conditions as per Notification.
Applications are to be made Online. Auditors have to submit o preference of five branches from the enclosed list of branches identified for audit during the year 01.10.2022 to 30.09.2023.
The online application period will remain open from 24.09.2020 lo 29.09.2020 (23:59:59 hrs)
Please note that while filling up online application, the system will display the APPLICATION ID and PASS WORD at the top of second page of online application i.e. after clicking SAVE & NEXT button of first page. Please note the same immediately for your future reference.
After Final SUBMISSION of the application, the system will not allow to edit or modify your application. Please take the print of your submitted application immediately after clicking FINAL SUBMISSION for your future reference and record
No need to send the application by post /mall
No documents need to be submitted with online application. But in the event of any Firm being selected for engagement as concurrent auditor of any of our branches, they are required to furnish printed copy of online application duly signed by the authorised person, self attested photocopies of all documents along with Original documents in support of their credentials furnished in application to their respective Field Inspectorate for verification and record. The originals will be returned after verification.
In case any of the information furnished by the Firm in application found to be inconsistent with Original documents, the selection of the Firm will be cancelled forthwith. Further, if any such inconsistency(ies) noticed subsequent to engagement even post verification of documents, the engagement will be discontinued with appropriate reporting of Firm’s name to RBI/IBA/ICAI etc.
The Bank shall send engagement letters to all selected Chartered Accountant firms through respective Field Inspectorates having jurisdiction over the concerned branches. However, CA firms which do not get our letter of engagement are to be treated as ‘not selected’ and no further correspondence shall be entertained in respect of fate of their application.
For any query on submission ot online application email tohndit.conQudit@ucobank.co.in
Helpline numbers : 033-4455 7873/7373/7849/7967
Please furnish your Mobile No. in the query request tor resolution ot issue
Download Notification Click Here >>
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