BANK BRANCH AUDIT

UMESH MAHESHWARI (PRACTICE) (59 Points)

11 April 2009  

Banks are allotting 2-3 branches to small audit firms.The target given for completion of 3 brach statutory audits are 5-6 working days.I suppose a lot of things get unnotished by the audit team.How an auditor certify the fairness of the Balance Sheet and P & L A/c.Ny topic is

Is it not prudent for RBI to instruct all Banks not to demand Audited statement from Branch Auditors before 15 th April