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Bank Audit - 66. page

Statutory Central Auditors

Statutory Central Auditors : 1.02 Most banks, especially those in public sector, appoint four or more(depending upon their size and Board decision, as per RBI guidelines) firms of chartered accountants […]

Declaration of Indebtedness

Declaration of Indebtedness : 1.04 The RBI has advised that the banks, before appointing their statutory central/circle/ branch auditors, should obtain a declaration of indebtedness in proforma ‘A’ given in […]

Knowledge of the Banking Industry

Knowledge of the Banking Industry: The banking industry is the backbone of any economy as it is essential for sustainable socio-economic growth and financial statements in the economy. There are […]