Tag: bank audit

Revised Eligibility Criteria for appointment of Statutory Central Auditors (SCAs)/ Statutory Auditors (SAs) from FY 2021-22 and onwards

Revised Eligibility Criteria for Appointment of Statutory Central Auditors (SCAs)/ Statutory Auditors (SAs) from FY 2021-22 and onwards RBI has revised the Guidelines for Appointment of Statutory Central Auditors (SCAs)/ Statutory Auditors (SAs) of banks etc. The circular inter alia provides for the eligibility criteria for appointment.  Eligibility …

RBI revised Guidelines for Appointment of Statutory Central Auditors Statutory Auditors of Banks for FY 2021-22 & onwards

RBI issues revised Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including Housing Finance Companies) for Financial Year 2021-22 and onwards. RBI has issued a Circular on ‘Guidelines for Appointment of Statutory Central Auditors (SCAs)/ Statutory Auditors (SAs) …

ICAI Guidance Note on Audit of Banks, 2021 Edition

ICAI Guidance Note on Audit of Banks 2021 Edition ICAI has issued 2021  edition of the Guidance Note on Audit of Banks. The revised 2021 edition incorporates the impact of the various circulars of the Reserve Bank of India as well as certain important advisories, pronouncements of the …

ICAI advisory for Bank Branch Auditors Specific Considerations for Distance / Remote Audit / Online Audit of Bank Branch under current Covid-19 situation

ICAI advisory for Statutory Bank Branch Auditors Specific Considerations while conducting Distance Audit / Remote Audit / Online Audit of Bank Branch under current Covid-19 situation ICAI has issued an advisory to its Chartered Accountants with illustrative list of considerations to be followed kept in mind for undertaking …