when generally the list of stat auditors of psbs release....
Sathyanarayana G
(CA)
(1121 Points)
Replied 17 March 2009
As a result of new procedure of appointing Bank Branch Audit for 2009, if you are not got the appointment, there is a audit broker who secures the audit for you with bank and branch of your choice. For this audit broking service you have to pay commission of 25% of the audit fee. If you are interested, please mail your profile to pchidambaram @ indiafinanceminister.com For Central Statutory Audit you should be an international firm or one of the big 4 and also you should be agreeable to give audit report as per the directions of the Board of Directors of the Bank. The service will be available on first come first served basis. Please do not disclose this news to anyone including ICAI.
If you are interested, please rush your proposals immediately. The new system will be applicable for the year 2008-09 onwards.