CA Sanjay Baheti (PROPRIETOR) (1155 Points)
04 February 2010Whether a Stock/Revenue Auditor of any Nationalised Bank's Branches can be appointed as concurrent Auditor for the same Bank ' s other Branches concurrently.
Regards.
CA Sanjay Baheti,Ahmedabad.
CA. Rajesh P. Ahir
(In Service @ PSU)
(687 Points)
Replied 04 February 2010
Sanjay SIr,
Appointment of a Stock/Revenue Auditor of any Nationalised Bank's Branches as concurrent Auditor for the same Bank ' s other Branches concurrently Depends on the the Policy of the Bank.
As regards RBI Guidlines This audits are Responsiblity of managemtnt and if they Accept a Stock/Revenue Auditor Bank's Branches as concurrent Auditor for the same Bank ' s other Branches concurrently There is nothing Wrong.
It is an Opinion
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