Bank Branch Auditors’ Final Panel (MEF 2021-22) of CA Firms is now hosted at MEFICAI website and the same has been forwarded to RBI for consideration by Banks for appointment of respective Central/ Branch Statutory Auditors for the FY 2021-22. Next and final step in the process for CA Firms looking for branch audit, is to quickly respond to emails, when received, from different banks offering appointment of statutory branch auditors.
Multipurpose Empanelment Form (MEF) for the financial year 2021-22 was made available at MEFICAI website by the Professional Development Committee (PDC) of ICAI.
MEF 2021-22 Application was closed on 25/11/2021 as the Last Date for online submission of MEF and OTP validated Declaration was extended from 10/11/2021 to 20/11/2021 to 25/11/2021. Subsequently, on 16/01/2022, the draft panel was hosted for review and complaints till 23/01/2022.
ICAI’s Online Panel of Experts for Bank/ Branch Audit related queries
ICAI has announced to create an Online Panel of Experts for addressing the Bank/ Branch Audit related queries from 01/04/2022 to 15/04/2022. Panel Convenors are CA. (Dr.) Sanjeev Kumar Singhal, Chairman, AASB, ICAI and CA. Vishal Doshi, Vice Chairman, AASB, ICAI. The queries are to be sent at email address: [email protected], explaining complete facts in brief, without leaving room for duplication/ rejoinders. Also be careful of ICAI’s Code of Ethics, i.e. not to mention name of Bank or Branch or Client (Borrower/ Depositor) to maintain confidentiality.
ICAI Announcement dt. 31/03/2022: Online Panel of Experts for addressing Bank Branch Audit Related Queries
ICAI Announcement dt. 20/08/2021: Multipurpose Empanelment Form (MEF 2021-22)
ICAI’s FAQs/ Advisory on MEF 2021-22 for Guidance of Members/ CA Firms (updated 19/10/2021)