Tag: Bank Audit

RBI has issued revised/ updated Master Circular on Prudential Norms for Income Recognition, Asset Classification (IRAC) and Provisioning pertaining to Advances, which consolidates the RBI Guidelines/ Directions/ Instructions/ Revisions …

ICAI has released the revised/ updated ‘Guidance Note on Bank Audits (2022 Edition)’ along with illustrative formats of relevant reports, certificates, audit programme, etc., which shall be quite useful …

RBI Guidelines on Central/ Branch Audit Fee Structure of Banks (including for LFAR, Certification, etc.) were last revised by RBI in June 2013 (i.e. applicable from FY 2012-13 onwards). …

RBI has published the List of Chartered Accountants (CA) Firms which have been approved to be appointed as ‘Central Statutory Auditors (CSAs)’ for audit of 12 Public Sector (PSU) …