EXPERT PANEL FOR ADDRESSING QUERIES ARISING DURING BANK BRANCH AUDITS
FOR THE ATTENTION OF THE
MEMBERS – EXPERT PANEL FOR ADDRESSING QUERIES ARISING DURING BANK BRANCHAUDITSFOR YEAR ENDING 31ST MARCH
The bank audit season is around the corner. Given the fact that
the banking industry is typical interms ofits geographical and customer spread,the volumeand varied nature of products and
services offered, coupled with the strict constraints for completing theaudits, the members, manya times,
face a lot of issues/ queries whileconducting Bank
BranchAudit. These could include
determination of NPA status, implications of complicated data found in abranchaudit, unavailability of any relevant
implications of the requirements of an RBIcircular,
nature and adequacy of documentation, possible wordings of the audit report on
some important matters inbranchaudit, issues relating to LFAR, etc.
With a view to support our members for fast resolution of such
queries, the Auditing and Assurance Standards Board and the Committee on
Information Technology are pleased to offer an Online support to our members
from 26th March, 2012 to 10th April,
2012for thebank branchauditsfor the year ended 31st March 2012.
The queries can be sent firstname.lastname@example.org.
Online support facility will be managed by an expert panel constituting the
Abhijit Bandyopadhyay, CCM and Chairman, Auditing and Assurance Standards Board
Atul Bheda¸ CCM and Chairman, Committee on Information Technology
Rajkumar Adukia, CCM, CA Manoj Fadnis, CCM, CA Jayant Gokhale, CCM, CA Sanjeev
Maheshwari, CCM, CA. Shriniwas Joshi, Member, WIRC, CA. Mehul Shah, Member (IT
Members on the Panel
Abhay Kamat, CA Abhijeet Sanzgiri, CA Anagha Thatte, CA Ashutosh Pednekar,
Dhananjay Gokhale, CA Dilip Dixit, CA Giriraj Soni, CA I.B. Sonawalla, CA.
Ketan Vikamsey, CA Makarand Joshi, CA Manoj Daga, CA Mitil Chokshi, CA Mrudul
Niranjan Joshi, CA Nitant Trilokekar, CA Parag Hangekar, CA Prakash Kulkarni ,
CA Ramesha Shetty,
Sandeep Welling , CA Sanjay Rane, CA Uday Sathaye, CA Vipul Choksi
queries so received will be distributed amongst the members of the panel on
random basis and they would reply to the same.
may specifically be informed that the views expressed by the experts would be
their personal views and not necessarily the views of the Institute of Chartered
Accountants of India. The Institute or the members of the Panel, in any case,
would not take any responsibility of actions taken based on such advice.
enable us to serve you better, you are also advised to -
Be brief but provide full information and facts.
Do not mention the name of the Bank orBranchto avoid problem of violation of