PANKAJ AGGARWAL (CA) (110 Points)
07 March 2013Hello
Now first week of march ended,no news about bank audit.Please update me whether any firm has received appointment letter from any bank.Bank has started allotment or not.Whether there is any possibility in reduction of advance limit for mandatory bank audit.Pls update.
Thanx
KONANKI VENKATA RAO
(AUDITOR)
(25 Points)
Replied 08 March 2013
One of my friend practicing in his individual name in chennai got allotment of 3 branches Union Bank of India today.
CA.D.RAGAVAN
(CHARTERED ACCOUNTANTS)
(219 Points)
Replied 09 March 2013
If so, It is an encouraging news that The Catagory IV will get Audit
CA.D.RAGAVAN
(CHARTERED ACCOUNTANTS)
(219 Points)
Replied 11 March 2013
Dear All,
One of Our Collegue gor Appointment Letter from Union Bank of India. He is alloted 2 Branches in Kerala. The Advance Portfolio of the Branch Allotted are One Branch Rs. 4.50 Crores and Another Branch Little over Rs.6.00 Crores. What happened to the Limit of Rs.20.00 Crores?
CAclubindia
