Bank Audit

Stat Audit 950 views 4 replies
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SERVICE
69 Points Joined January 2008

Can a Branch Auditor doing Concurrent Audit for a branch of a bank be also appointed as Statutory Auditor of the same bank but another branch?

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On 06 February 2009 at 11:44 Report
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CA
1121 Points Joined November 2007

Yes

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On 06 February 2009 at 12:38
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Chartered Accountant
1025 Points Joined January 2009

Hi Sammer,

Yes! the branch auditor can be appointed as a statutory auditor of bank of same branch.

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On 08 February 2009 at 11:21
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CA Final Student
26 Points Joined August 2008

Hello Mr. Mohit and Mr. Sathyanarayana,

Can you pls let me know the source of information you refered to while answering the question put up by Mr. Sameer? I'd be glad if you send me the link.

Thanks

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On 13 March 2009 at 15:44
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Advisory
107 Points Joined May 2008
Dear Freinds , Audit firms with internal audit assignments can not accept statutory audit assignment of that bank. I request all my dear freinds to put their replies carefully. Thanks.
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On 13 March 2009 at 19:50


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