hi, as i have to do statutory bank audit i will be thankful to you if anybody can pls give tips on how to conduct it.
From India , Mumbai
Whatever Mr. Subramani has suggested correct. Besides these you also check Bonus paid statement and submission of the same, Income Tax paid in time or nor, whether any penal interest was paid,NPA under carpet i. e. proper classification of advance portfolio, ECR in every Big Borrowal accounts are the some of major things to be looked after.Stock audit of selected customers are also required.
From India, Jamshedpur

If you are knowledgeable about any other fact, resource or experience related to this topic - please add your views using the reply box below. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone.

Please Login To Add Reply






About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service



All rights reserved @ 2021 Cite.Co™

All Material Copyright And Trademarks Posted Held By Respective Owners.
Panel Selection For Threads Are Automated - Members Notified Via CiteMailer Server