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Q. > Please Help: allotment of bank audit
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1615 views • Question added Apr 01, 2012 • Audit • By Vikram Narsaria , kolkata


I have two queries
1> Is there a single empanelment for allorment of bank banch audits by rbi or the banks which have opted for autonomy in selection of branch audits have different panels?

2> Can a firm under cooling period still be allotted branch audit?

2 Answers

answered Apr 02, 2012 by Anjali Arora

Hello,
1. Bank Branch audits are the autonomy of banks.
2. No Audits be allotted in cooling period.


answered May 23, 2012 by CA. SURESH Kr. AGARWAL , Delhi

Dear if i understand you are asking for statutory Branch Audit if yes then:
1. Single empanelment is prepared by RBI.
2. The firm will be allotted audit of the same bank continue three year then after bank is changed.


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Vikram Narsaria

03-Apr-2012 , 05:57:50 pm

Okkk. Thanks madam.

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