Bank Audit - 10. page

Miscellaneous (i) Does the examination of the accounts indicate possible window dressing?  Compare the aggregate figures as on15th March, 20XX, 31st March, 20XX and last day of audit. (ii) […]

Reconciliation of Control and Subsidiary Records  Enquire at branch the system of reconciliation followed.  Whether any long outstanding debit entries are appearing in the reconciliation statement. o If […]

Audits/Inspections (i) Is the branch covered by concurrent audit or any other audit/ inspection during the year? (ii) In framing your audit report, have you considered the major adversecomments arising […]

Frauds Furnish particulars of frauds discovered during the year under audit at the branch, together with your suggestions, if any, to minimise the possibilities of their occurrence  Enquire about […]

General Books and Records (a) In case any books of account are maintained manually, does general scrutiny thereof indicate whether they have been properly maintained, with balances duly inked out […]

II. Liabilities   Deposits (i) Have the Controlling Authorities of the bank laid down any guidelines with respect to conduct and operations of Inoperative Accounts? In the cases examined by […]

Other Liabilities: Payable, Sundry Deposits, etc. (i) The number of items and the aggregate amount of old outstanding items pending for three years or more may be obtained from the […]

Contingent Liabilities List of major items of the contingent liabilities (other than constituents’ liabilities such as guarantees, letters of credit, acceptances, endorsements, etc.) not acknowledged by the branch?  List […]

III. Profit and Loss Account (a) Whether the branch has a system to compute discrepancies in interest / discount and for timely adjustment thereof in accordance with the guidelines laid down […]

Money at Call and Short Notice Has the Branch kept money-at-call and short notice during the year? If so, whether instructions/ guidelines, if any, lay down by the Controlling Authorities […]