ISA

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 May 2010 I hv recently completed my CA. Now i want to ask is there any benefit if i go for ISA?
I will go for practice this year.

Is ISA necessary to get bank audits?

Rahul Gupta

Rahul Gupta (Expert)
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07 May 2010 Yes. ISA is necessary to get Bank audits in case of proprietory concern.

However, In case of a firm, at least one partner should be ISA qualified and bank audit wiil be allotted only on his basis.

Querist : Anonymous

Querist : Anonymous (Querist)

07 May 2010 what if i do not apply for firm name and do practice as individual...will i be given bank audits if i do ISA..

Can u plz also tell me the cities where ISA training is provided?

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Rahul Gupta

Rahul Gupta (Expert)
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07 May 2010 Yes, If you do ISA, then you met the Qualification for appointment as an auditor of a Bank.

For details on ISA Training, please visit the follwoing link >

http://cit.icai.org/