Professional Documents
Culture Documents
Auditing and Assurance Nov 21
Auditing and Assurance Nov 21
CHAPTERI
Nature Scoped objectives ofAuditingwith client
Topmantialdet
Directions
donotdothingsaspee oftergt
unbiased
Impartial
Yeasayennt
Maintaing attitude
Self
Threats
Threats
d
WiFi D
Threats
d
dation
d
d d Storms
Stoccus Stoccues
when an Stoccues when
when the when Auditas
whenduty au Audited
Auditing Auditor all
fam its awing promotes forms forced
partner Associate an Judgement
a ispacuind relationship to
with client Aof
could benefit conclusion topomotea non
reached in client's whereby
objectinely
Tom Audit opinion to
they end without
Interestinan previous
apoint being
a uptoo any
Audit client nonAudeteng wherepeople professional
SafeguardstoIndependan
I TBecautious Isfau Audited
an
Ifthreat iscurable
Ugtis befall already to
Auditor
Essential necessarily accepting Exists puplemate
feat his
weaves any Auditor
auditors to have shall credible
Audit
Safeguards
should Implementation Assignment either
always of which Desist then
he must
bedappears fundamental may
to
tomthe not
lead Task
to be principles a threats as Accept
Independent Ethicalmqueaenuts to an use the
Client like safeguards
walk
of Independence
I Integrity to
Eliminate
tohane objectivity
it
public Professionalism
Confidence
on this
profession
AMDARDSSETiNGProCESSn SASISAEISRE
SRY
Assurance
International Auditing
IAASI standards Board
Obeying HowdasIAASBAding
its objectives
10 W quality
to serve Merging By makingHigh
standards
International Auditing
F's
public
standards guidance for
Interest Audits
win Accepted
by national which are highly
setting high standards É by
Investors
Recognised
Quality for gout
Auditors Regulates
Auditing enhancing Stakeholders users
other quality
Standards Uniformity
ofpractice making feignstandaeds
Quality other
Guidance for
strengthening
confidence typesof Assurance
tunics
public
in f I Yelated
Auditing thenontomials.is
Assurance profession
By the
y publ ng
pronouncenuts far Advancing
public understanding regarding
noted insp ofprofessional
Auditing Assurance
Service providers
Assurance standards
Intudet AASI Auditing
Board By FEI
tuffs
todevelop
to men
the Existing ago Quality
controls
Auditing practice standards
Intudia fauteetting finals 9sAsiata
May
SAS SRES SAE SRS Sae SAE
standards standards standards standards on
standards
on on
Fulham pundit Review Eng AssuranceEng RelatedServicesQualityControl
Applied Applicable Applicable Applicable
related
motha
Application Review for Engother foe standard
far for than f's Services like
of Audetof of financial
ie Prefect Attestation fall
standards
fin state Aufamation departs etc ofheests
standards
I Dfblw_ quiz
sn
Hug
ay
Alwaysrecommendalaiy t de
Designed to provide
Members on
Compliance byInaudatanly Guidance to
Members Matters arising during
critical Areas professional work
which
I theirfunctions Members may use
the Issues
for resolving
FelatianshipoffuditinguithothaDesaptuesd
Audetingastatsgmathsm
Curci
has become
very
with passage of time
which requires the knowledgeof
ipad statistics
edge
statical sampling
Discipline f eg
conclusions
to arrive meaningful
t.me
Knowledge of tnathsmauiredpactialarly
Inventories etc
unification of
AuditinggfinancialManagaunta
have variousfinancial
Expected to knowledge of f flow
techniques like walking capital tag
budgeting etc
ratio Analysis Capital
Activities etc that
Knowledgequarious Government
Market
influences the Operationsof financial
required to be understood
also by an
Auditor
Behavioralsetences
Auditing
t
rather thanfinancialfigures
which makes the knowledge Discipline
effectively
Datafrocessing
Auditing
as are seeking
revolution in thefieldof
Org
Data processing
out this Accounting
as many org are carrying
Computers which
Activities with the helpof
decord allocate value
Can Document
in at my
Data Tufamation large quantity
High speed
theprogrammed
Dependence on
the Accuracy
of
due to which an
Instructions is hinge
Auditor should have Good knowledgeof
related Terms
Systems Components ComputerisedInfosystem
Y
Now a days Casf EDPTromated env
Audits itself becoming Discipline
AudetingtAccouting
are closely related with
The both Concepts very
Each other when
I Accounting
records
hellbentthe 00
thefemangfamation
finagffenuts
overall
but a resultof the
is nothing
Auditing
Accounting process
Production
O nun
Auditor
while carrying out the Audet Activity the
is mauled to Evaluate
transactions in
from Accounting aspect
which
relation to the process through
Bi products
it has passed ie Knowledge of
etc is wearied
Joint products
Audetingghaw
Relationship b w the2 is very Clase
Various
Involves Examination
Mostly Auditing Law pointof view
Items Transactions from
Auditingesecretarialpractices
Managerial
Being very Important
Auditor
Aspect
shall be Expected
of
to
Activity an Secretarialpractices
have found knowledgeof
Auditingwiththanagemuteiadmininuati.nu
Environment having an
In today's Competitive
Administration is of prime
Efficient Management
Importance Replacing
is the
with Efficiencies
Removing inefficiencies
which
Concern Every Global Entity
prime ofAudit operational Audit
makes a Management
Corporate Services Audit Corporate Dewlopment
Mitisemininti yanaggan
maintain Overall
on
to Quality
partner
Audit Engagement
to
An Auditor is responsiblefor importance
Audit Quality of
his with
performance staff
of
professional Ethicalstandards
Compliance
with
Legal
121 Fsers
Etat cheaudreement
statutory
withfirm's quality
objectives
Miami Qualities
Aspects Compliance
E Bran controlpolicies procedures
pinning Inatet EThreats
code
safeguard Issuing appropriate
Auditupate
DAH Essential in
is
EI resuming fact that Quality
perfuming Audit Engagements
Appear 4112
p
ylondugngpepaet.gs
too p
I
Ii i É
EI
d
forming Comunicating Modifications emphasis Companitive
an key in the of
matters Amato
opinion opinion canesponding
Thates of
other
figured
guns
repeating an Independent Mpaa
on Auditor's in
anandependentPY
Fs Independent
Auditor's repeat Auditor's repeat
repeat
Sage
ForningAnopinimerepangonFSn
Toformanopinien AT
I evaluate opinion
entire basis 8 I entire farm
conclusions conclusion
d
of dartist
drawn from Eletonic
Audit Evidences Opinion physical Immature
collected
Yggimm7umr
Qualified
my
Typesqopiniansfepau.su Disclaimer
Unmodefidopinen
Inodefeedption
f When
when Auditarlondudy
that Fs are free
th
when
an Auditor from th É
Auditor
is unable Fsu as
per
AfÉ
SAAE is obtained
Concludes
conclude
that to
Asal that Asan LausdRegale complied
not
feeMM free from Accountingpolicies
0 Disclosed
from mm due changes
onthe
basis non GAAP Asan followed
to
SAAE Availability J
obtainer YSAAE Auditor Expresses
mirrors
ElementsofanAudetapentarased
Auditor's Para
Title Independent Mgtaesp
report
Auditaidesp Para
Addressee
other Legal Regret
EÉpifay
HE Pala 705
Reasoning
10
Parama
Dateof A Report
Basis
Placeq signature
HE GC Para 57 0
ME'signatun
Audit MattersPara Goi
Key fan Audie
Matters Para C706
mphasif
Matters Para 1706
Other
shall Include
Noted Oprah
that
declarations
of of
Period Name
components
Explainatay
statant
we have
of HAS
mim
Entity Audit Died.q
Audited
Allingpolice
shall Include
Matt Bassam'm
Auditor
has followed
tax hasdone
complete
foeDudita's
resp
expressed Ethical compliance sepeeate
opinion pay
on the
basis requirement
é of is
ASADI codefcthies I Mentioned
issuedby uA2
of G Assumption
Includes
Noted Signature para
Name of the firm
firm Reg member
of It ÉÉÉ
Partner
Signature f matters
11 pase
Name of Pact nee
Designation
Pawnee
of
Membership nog
Partner gÉ
ODIN ne
issued by ILE
Communicating key
Audit
AIt
ai I Matters in an Independent
Auditor's Report
matters are such
Purpose Key Audit
which are selected as
matters
matters from all those
most significant
with TC WG
Discussions took place
Courseof an Audit
during the
KAI
ng of
which in Auditor's
Matters judgement
are Most Significant forthe Current
of
Year FS Audit
to have better
Itis Genually Conveyed
such Areas for
understanding
of
financial statements
Usatf
Communicated with
Selected from Matters
TCU G
to Include about
It is mandatory
Motti form of
in
Para
Introductory Meaningbe communicated
to
where we KAM is going
also be Comunicated that
motet at shall
there no for doesn't
separate provision Opinion
In that it
on these Matter
KAMisnetasubstituteoft
a
is
substituteBajpai
Cs eraplanP
in oulation
Responsibilitiesof Managant
AFRA
to compliance of
Disclosure in the FS
modifiedopinion
Reasonsfor Expression of
when meandered
at
per Eos
in relation to
Inappropriateness
Concern CSA 5707
gig
to be included in Emphasise
Matters
Matters other Matter pain
on Budinded
any Separate opinion
Matters
t i
factantorbetoyingkaran
feet of
iimTYmd
ftp.cnet
of bugher significant
Event
Judgement II ROMM
made A Transaction
bymanaged significant accused
i
Risks during the
various
period
Accounting
estimates
Ofleet
flow Disclaimer
Dis claimer
opinion
opinion
is Drawn
by all
when Such
In
Such
when
recommended to discuss
Notes Stis always
Chang
of KAM para
warding So that
them Draft
by Sending
enquired
ifany necessary changes
it can be made before making it
by
final we
II
701 X Einar
SHELF Modifications'tothe
optminaria
Circumstances Auditor Shall Modify
he when he is
If
Conctudes unable to
that on the obtain
basissofSAAE
SAAE
to conclude
are not
thatfs are
free from
them free from
Material
Misstatant
Types
of Modified opinion
9
IT
Adverse Disclaimer
Qualified
Menon When an
Whenon
the basis theban't Auditor is
unable to
OfsAAE SAAL
obtained obtained obtainsAAE
Auditor due to which
Auditor
Concludes Concludes there could
that there that there is bepassiblem'M
MM I'm Mfs which
Fs but anatase could be
its Impact itstmpatt
is
Fs
d I
material But
on
onfs is
I y y but Pervasive
materialbutor Material
pervasive
Pervasive
When an
auditor is
unable 10
Obtains Are
due to which
if
M M
in As couldted
I 4
but not
Material
pervasive
6QUAfpfniqodn
SAFI
bingandynymygg
si att
EmphasisofMatterfotheMatteeparainIAnn
Additional Commication
It deals with
Scopeoffhiss.am which
Auditor's nepal
Inter tot
Auditor Considers Necessary
Osee's Attention on Matters
a Draw Disclosed in
that all presented
FS LEMP
User's Attention on Matters
b Draw
Disclosed in
other than present
F's COMP
Attention when in
Osee's
Object Drawing
Auditor's judgement it is Necessary
to do so d
d this better
to make roles Understanding
understand
them ofentity
his responsibility
OMI
EMI the Auditor Consider
When there is a If
it necessary to communal
which is
Matters
a matter other than
Disclosed Diseased
already phase presented
Adjusted is relevant
Analysed in the FS
the Agt
in FS by to use's understanding
But in Auditor's often Audit Auditor's
it is opinion a his
judgement responsibilities
that he shall defame repast
the Same Mattel In his
It shall not
departfor the better Note
understanding of users
As
8 Disclose Anything
Auditor shall
which is prohibited
Include EMP Para
by Law regulation
with a Separate Here also an Auditor
Section with shall include a
Para with
an Appropriate separate
heading separate section
Thepara shall Heading
to already
defer Tufo
presented Disclosed
Auditor's
Indicate that the
is not Modified in
opinion Matter
respect of the
emphasized
the Auditor Expects
Comunicationwithecwami
his
If
He shall
to include EMP OMP in report
communicate with Towa regarding
tee's wordings
the
expe of p
Relationsuipywkamgent
including those
Karnis Generally
Matters which
Most Significant
in Auditaisfudgent
to be diseased
are required
to cement AI
chelating
be amatter that is
But Sometimes there may
determined to be KAM in Accordance
not
with because it doesn't require
701 Auditor Attention
significant
I
the Auditor's judgement is
But which in
to users understanding
fundamentalsuch Cases it is Included of
Ps in In EMP or P
Subsequent
age
Tacked after
Mt
Circumstances
BIsDate
Examplesof
where
EMPmaytased
EMP may t
bearyprescribed toy
0 when AFRA future outcome
of
Exceptional litigation
by hang angulation regulatory
Action
be Unacceptable
Would An Event which took
but the fact it
is
for
by heir place after As Date but
prescribed Audit
before Dateof
To Alert users
when report Choke for
Asare prepared in broke out on 8th May
Audeteepent
Accordance with 02218
date is lothsulyLoD
special prepare
ofthat
frammeank new
Early application
Accounting
standard
When facts became has a materialeffect on Fs
Known to auditor
Audit A Catastrophe
the Date
after of Major continuestohave
Auditor thathas had
depart
new Amended a significant effecton
provides
poised Audit report Entity's financial
position
not substitute
Mogo
Both paras are
ofFLEEp
Both paras doesn't raise
noncompliance
finger
on Mgr's Efficiency
0 t on
tfj iÉ
Bolanos
anywise
unaudited
I hartmann
Bal
op
A ME timelines druggie
20134,5 not
has
tan tEusowed
AÉÉAI compartinizijotiansptonoding
figueesicompartiners
for correspondingfigures I the Auditor's
shall be restricted
opinion
on
fsuefees
to the current period only
the Auditor's opinion
For comparator
In the AS enfees to Each period farachich
Asare presented
Mint
comparative
corresponding
Comparitine
Es
figures Tufo
The amounts the Amt
Comparative Disclosures
Disclosures
wheel
infodisclosures included in the
punted for
periorperiod
A nope't
future are Included
more
period are gone faecomparson
Fueluded periosperoods
with Canal
asanIntegral in Accordance Period F's
party current with AFIF d
FS when Auditor
I
shall Express
to be mad only
opinion for
Each period
Included in
it
win
Audet procedures
T
Whether
whether balances
opening
the comparative
Information is
with correctly
Agrees
mmmm
presented into tocument
year
prior period without any
ie
M
Are the FS have
Whether L Y
been prepared
Accounting policies
in comparative have been Implied
mode
this YearConsistently
whether
if changedAdequately
they are
treated presented
D's closed
Situations
DO whenthepuiorperiodfereparted
athodyd
Modified
the last year As departed
well
If the Cement YearAuditor detects that
are still present in
last year Modifications
are Still unresolved
y
Ffsuchonastowed Pfsachunesolved
modifications
Modifications
doesntapet
WMj
eggs
I
InfdiffTDEAnodefyament
D Audit
Year
Audit report report
d d
Banegas
Basista
The celadon
Themeason for
farthodefication
Modification's is it was
it was impacting Effecting
Comparabity
effecting Cyfstatants
FEE
If priorperiodfswerempated
Unmodified
the current year Auditor obtains
that Lastyear
cut should have been
Audit depart Case
Modified In such
I Idield
Qualify his opinion
the opinion
Foo series a
Audit op Societis
Forest Audit repent
the Auditor asprescribed
formof audit report by
The
byDifferent
states
Maharashtra state
The mulesframed under
co operative societies Act requires a
behalf
Hell the
It ME In case
of apart on
furtheranAdditiongtoabonent
2 set of
Auditor has to answer
Stisof Gamal
lactase
Mature g is ofspecific
all typesof particular Nature
applicable to
societies such as applicable to
Consumer stars particular
Urban banks a
society
societies etc typeof
Credit
narrative to be Submitted
The Audit apart in form
It Auditor to the chairman Society
by f Y
y
Mmdif2pa_
Patt Patt
It throws light
on It points outobservations
financial routine Mature
Comparitine
capital
structure of like
position
E the finishedproducts
Solvency position information
profitability ofsociety a missing vouchers
money
weekend
Itsy Assets
Sally manufacture
9 9processing
expended fuechase Liabilities
I production
etc
receipt Expenditure 1
Castrecords
to IBMabas
relating
Items
of
cost
Af provisions
As Sec 72 Mscs Act200
A Qualifications per of
I
Chartered Accountant
only
as CA Act 1949
per
as
Can be appointed
Auditor tenses
of
Audits
B Disqualification of Co
Body Corporate
ee Mscs
office of
office partneship with offices
In Employment
Mscs
ee
q 751000
Indebted to Mscs
Securities to
Indebted
for Guarantees
Third person on Mscs behalf
to Mscs
on third person behalf 721000
Section
ApparentofAudit Foofrases
Act 2002
first Subsequent
Andity Indite
BOD within to be Appointed
By
Imonthqueg Aapa bythses
Inc of Mscs
Teme from this
Tweet Dateq Appt AGM till Conclusion
till Conclusion q
Hent AGM
first
AGM
of
PoungDutitt Section
Same as Co's Act 201
Agt SpecimAusituffTT
Fm É
Central gourmet Mtn L
Daddy Q
GG is of opinion that
2
If A
affairs of
noises are being
this managed
Main Mscs is not
masons
B the wakingof
MutualDeed
as
per self Help
for co operative principles
conducting pogey a
special
mas nanny cause Damage
that it may
on way
Audit Dying to others in the same
3 auytime.com
Whengqbeedconydug.tegd_t
be Directed by CG
4 a either the statutory
Whompahdewalt Mscs
Auditor of
a
b Special Auditor
Accounted
Chartered
CG
appointed by
if
CG SG by both
Combined
in that Shall be
Comments
Info report
Circulated to Members or shall be
dead Ment General Meeting of inses
10 Expendituresof Specialtude t
fu case
of
in
Default
Determined
Central paid an scs
by by takes 1
Government
is
Shall be
he comable as
an Arrearq Land
Revenue
InauirybycentialRegistearoffn
roses is to
Gumally Envy Affiliated
federacco Operative
a particular
Central tear
of
The
aegis if satisfied
Canada Inquiry bypassing an
Order inheriting
Holding Such Inquiry 15Days
It Before
notice must be Given tortoises
Central
Central Registrafperson Auth.by
A1
registrarhasfollowing powns
of IHemay
anytime to
teemay
tn
free
Access
Doc call 9 Summon any towhom
books Al's Mscs have
securities
Cath
of Giving person
hebeliers
properties by often
9otherto in Notice 8Mt Knowledge
belonging Lessthan Affaeasefinses
custody ofrnses toappearbeful
Summon 7days
May in such times
Head him
person placeauaetens
any responsible
possession tenses
weadavaetee torabou RecordsqDocuments.of
softy
the When of
grasses branch
officers tocall Any
refuses He Examine
suchMeeting Can
General
Can Call onhisownthemorath
I ng
Communicate the
AI Centralaugistrarthall
deepaetof Tuamaytosuchtases
to Institutions
financial
I to co operative to which
such Msesaffildiates
Tony within 3months to person Auth who
aeauested Family
faeceiptf
repeat
Igpectionofgmscsjls79g.gg
onuebase Nature
Feng
tying 1
mate
Credited Inspection
into
general Federal
Central constitution
on co operative
special to which't working
registrar Order affiliates
im
43rd of Board
financialposition
writing Members
offuchtases
Ystroftotal
Members
powsofceutealkeggteailpeesonbuth tn
Fluent Every
He shall serious
memberg
anytime of the pages
Access to pregularities shay
have can
IBghements take custody fall furnish
such
Accounts d have power
info with
paper towrifythe to
Yowdermities balance regard
Cash working
society as
Itpeopaty Can Call of
Meeting per
General request
necessary
if to be
conducted
of
Authperson
Copyofrepate
I
Shallbe
Communicated
lethe Mscs
within 3months
period of
pomtenDateglompletifsuch Inspection
I 9
Cop Audet of rascsand
BANK Amis
I
z
rpoateqoumanB
BETA.nl As controller
Comencent
Issues Licence to Bang far
ofBusinessop
New
openingof
Branches
conduct
to allow
business Branches
only
in Banks alto
CorporateGovernance
controlled by RBI
Deteeming
as
appointment
to ensure
fairness
f
proper
fitCriteriafor of
Additional
a
Accountabil
1 Integrity
Directors R Reliability
Directors T Transparency
clerical
E
c Lawful
Advances
ALPINORIS Fa Ilassesf
different
Installmentcome
Advances where
ofthe amount
neartobalancestreetsated
fame problem
figs of
Declare it MPA as
Guarantee
backed
up by
C Garces
But
if
but MPA
Treat as Income Recognite
standard Assets for putpose
ConsortiumAyanauggthwasp
where noof together to Arrange
Loan one them will be Selected as
huge of
head Bank Bank
lead Bank but head
barrowspaid to shall be
If doesn't to
transfer
MemberBanks
Banks
Deemed to be MPA
for
Loans
Agricultural
General
L
crop
Affectedby Natural toad
Tatami
its Long term
MPA classification
will be
If Season Loan
Bank Crop
Discretionary pongcase toCaseBasis I
the
depending upon
changing it into hong tem DA if
It canbe Loan Oweedueofustallined
Reschedulement town
of he 2
new loan for repaymet
1 Copseason
than
purpose which is longer
1Year
Tulasef slattern
seasontoan
crop
I
MPA the Install
if 2
is overduefor cop
a Season
Less
Seasons
than a Equals to 1Year
Adrenaline Erogffecuritytatesplay
as
Directly classified
I LassAgets
Doubted
when the valueof
when the Valueof Securities less
Less than to valuation Security is
toy
doneby RBI Bank Values
than lot of of
last Inspection Balance
of
Baum's
as
per
Account I
removing
value Completely
Ignored
AdvancesAgainstagnDepfkupses
Adequate
Margins
Generally heavy Margins
are present in these hours so mottobe categorised
as MPAs
Power
Drawing
of Adeang
Advances Some Loans
when a Banker
Meaning to some
imbuefarmof Elwell
Borrowers then in Such Case
itbecomes necessary to Calculate
such Ballowers
Drawing power ofAudit
conducting stock
by
i
whenstockAuditrequired
When an Overall Loan Exposure fall
Loan Atcourts 254
Drawingscitation as
per resp
Banks
ConsortiumAdu
Bank in Case
By Lead q
Balance should be less
Gemeally the Actual of
than Sanctioned Limit Drawing power
L then shall
it is more than D P S L
be
If to notice of
Agt
Head office
brought
Basis lenient stock
Calculated
statements
on
of
stock statement
but in caseof Large Boomers
older than 3 months all also befine
not
Calculations
for
Stockstaments Quarterly returns
Moet Monthly
Annual Audited Fs Auditreports such
of
Examined in Detail by
Baronius shall be
statutory Auditor of Bank
Conducting BayAuditfstepsobefollowedfornided
a statutory Auditor
step
Considerations
Initial By
Aspel
atAn Auditor Bank
must
AspersA210 Amateur
Shallots Auditory
clauses obtain BothAuditor
part peeSA 220 azan
sch 1 chequered Indebtnets isDisqualy
Bauleshall
ofcarrying
I to perform Declaration
havebetter tobeam
Auditor procedures before understanding
External
Every to Auditor
shall communicate
ensure
Appointing
of
with previous whether an
he can Auditor Bank
iditorinueriting Engagement
Accept the id insane
before Accepting
AuditAssignment
Client Hagman
future year
an
relationship
I Am Audited
Else Guilty 8 must establish a Good
Misconduct Qualified
professional EngagementTeam of
professionals expertsasper
Nature size operationsof Bank
obtain
Step SABI Aspel SA 315 An Auditor must
Good understanding of Entity its Env
its Ics Accounting System
Soasto Fy To Design e
performhis father
the Roninof to
As Auditprocedures
Rota in to the
being
LowestAcceptable
Level
have
An Engagementpartner must fruitful his
Discussion
A
SAIL Am Auditor mustdevelop an Overall
which Involves
AuditStrategy plan Program
Membersof theTeam
all the key
participation of
must determine Audit
Step SAID 1 An Auditor
Items transactions financial
Materiality on
what
of
is Material
statement by Considering view Cats a
Fraternal from users
of
point
matter professiendgent
of
Shall Always be Alert skeptical
step SA240121 i
professional Skepticism
the
throughout
Audit to
this statementdue
recognise
the possibility
of
to fraud
releasedby
Muff Smooth Banking operations
far BeBe
Basel Committee on Banking Supervision
Imp
in Dec 2010
600Series
Reliance Reviewof other reports
step considerations
An Auditor shall take chit
f Rattray
convent Tutorial
Inspection Inspector
Andel
Pasguditupeats hippos report Addpaets reports
Incomes on Receipt
Basis
Consider Some
Banks
If becauseof its immateriality
I
Auditor shallnot modify hisopinion
I
no uncertainty
its Collection
in
f TENPINS basis
Accusal
shall be recognised on
Adequate
Condition that
Subpetto
is Availableto Bank
Margin
memorandundecant
Ramayana same her
alreadyrecognised
IfAccurate hater that but bank may
on it on
Advance becomes record
basis in
J
Recoveries
faunal us in
m se Interest
after
paragons thueisa fully
pontoon certainty
partially
paidfor
I Attacked
Mpa
Recovery
partial oh
shallbe apportioned oftomedaland fomthetoan
incenitamd already sanctioned
then
consitatmann Mpa
be by Bank
the
Asg shall
ieAMeneesed
to
Borrower
followed a
barisal shallbe Not to
Amount
Accounted again be
credited
towardsMPA
Interest
win with
with respectto
respect respectto
to rescheduling
Bury Bitsy of
Herethe ayy
teethe bill commission commission
Income a
D ng ofbecomes fee
Shallbeappationd Earned
between 2 Years due only when shall be
billis actually recognised
properly if of collected on
Accrual
the Casey the 1
because the Basis
customer's our
Year procedure's period
I Accountaillbecredited of
tobe recognised the bill's times
onlyafter cheschedeleman
onpeceiptban's collected
Extension
I 7
the werent
Yearwill
Lf they'd
paction
recorded
infer wale other
LatiIIies
Auditfpenetunigxpligenes
InterestExpended
Reasonableness
Is checking
Assessing of
TF Calutation
Interest
Is comparison
Puffiest shall be
prauidedupto
comparison plsDateonly
withinsame with the
Basically 1 ROIntern
you previous Year
isdecidedby RBI's
Should Inteest internalregulation
Auditorshall
calculate ahhhhh
dateffuterest
thot
with particularDeposit
weigh Au
Tutelestiate Paid with fireedbepot Interest
a thefiguresf shall beaspeefined
it with
Spare gnatedimFDRI
Actual Aviate
Monsters Alloted
certificate
Decided
offuteuspend Interbrand
on by tread
Each
Depot office
I
Material
tofendout
Differences if any
Operatdpassf
Emulation
Auditor shall
forependitu mustverify carryout
oputernallot
Auditor Expenditures Analytical
with procedures
System Necessary
shadevaluatetat
proper
Autobtained
spiffy Endergnd
theReasonablenes
Expenditures
Incuned
Padcontingenadd
to tame
Other
Insulation
Te Provisions
Audited Tutu's
Bank must
caseAuditor
havefollowed shall recompute
MPA Mullexamine
the tax
regulatory prone whether
Moms
already provided situation
f into
standard bying After
demanded it
classifications arnot
Suba Considering shall
ofppas Doubtful
LassAssets Allowances g d
Discuss
creating provisions Disallowance getexplainating
on above aspeeMorms fromtheft
Auditrepent
T.mg By central
statutae Auditaisof
Central Government
Repair i Adequate Additional
Transactions
A Central
mist
mm statutory
receded is itspowers
Satisfactory al not
Yfftaiewainor not
Riperton
Fomalhaut AS operational
either its A Auditor
CamptyaqSI Effectiveness
CentralStAuditor Adequate of
bothhave to comply with thesame Auteenal Controls
Beanches
oueefinancial
hepaelig
Warf Fanta
I
Butappliesonly ifa
only
notwenoqunaiddusto their
Banki's reg.co
Deposits
be informed Advances Audit
Int Income
B Longform
repent
But Expenditures with
tobefududeo.de Compliance
Statutory Liquidity
Matters relating to Seau Equally nationequaements
applicabletobetowned'm D whether RBI
Bank Audit Report too fustructions
werefollowed
on Treasury operations
CARO 2016 2020 doesn'tapply whether any
Serious
E
to Banking to well
Ingularities require
noticed which
LFARChong Form AuditReport Action
T Immediate
f T to be
whether MPAMoms
d
onthatters Submitted f on
well followed
t Specified
before
30th
Asset classification
all Bank byRB Juul Become Recognition
EveryYear provisioning of
Assets
Circular relating
GRBIarculae
to legal Aspect.iq
Bank frauds G compliance
of
JILANI
f 2 GHOSH
Committee
Appliesto hefeepage Famine
all Banks g 111am Decorations Bagged
on
Internal
Auditor In Addition to
b than i frauds Control
mom p am
fraud to Chairman MD CEOof
credit
Bank System
Tulare needarises on Adverse
c As
pelage H auditdepositratio
is
the duty
of
ridden
Confidentiality
Law or statute meal
inter
Areas
over by
to repent
Sec III Duty
is in Addition to
fraud
above repeating to RBI
Reversmoffmconne Ruies
Bills Disc Advances which becomes
Tulaseof punch
MPA end Total Accrued
of Y credited
1
to
in present
a
pastpenod
Applies
government period
Shallbe Reversed providedfor
guaranteed
accounts't
Should be
demoted
Should be
d afunzs.d
Incomes
Tulare wrongly mecognised
of provide for
an
Equal Amount
Rewesethe
provision forthe
Interestfor
CurrentYear previous Years
Debits
large
should inthe if
enquire any which
Income
anumerplaind
about
any Enamniesfombaromes
Actiontaken
InterestDiffifary
the Banks omit
by