Category: Bank Audit

7 clarifications issued in GST Compliance       Author CA.Jayprakash Pandey ACA, M.COM, B.COM cajayprakashpandcompany@gmail.com   Dated the 17th June, 2021 :-Total 7 clarifications issued by GST List of SEVEN GST Circulars issued providing clarity on the following issues: Sr No  Circular No.    Subject Link 1 Circular No. 149/05/2021-GST Clarification regarding applicability of GST on ...

Bank Audit : Advisory on Recent Supreme Court order on Income Recognition & Assets Classification (IRAC) Norms    

Bank Audit Special : Bank relaxed from urgent Audit requirements - Finance Ministry withdrawn earlier stipulations Bank are relaxed from urgent Audit requirements. Earlier,  banks were required to complete the Audit by 15th May. Now, Audit of nationalised banks can be completed ...

Bank Audit - GST Perspective In this article, what one should be checked while doing bank audit?  I have tried to compile all the information under one roof which are relevant for bank audit and will be helpful while doing bank ...

  Procedure of PAN allotment through Common Application Form (CAF) along with registration of Foreign Portfolio Investors (FPls) with SEBl under Department of Economic Affairs and KYC for opening Bank and Demat Account.

Deferral of implementation of Ind AS for all commercial banks Deferral  of implementation of Ind AS:  RBI Issued notifications to all scheduled Commercials banks wherein the implementation of  Ind AS was deferred by One year

RFP For Empanelment of Audit firm for Conducting Internal Audit & ICFR - BOB

Bank Audit Special - Early Signals of Fraud in Banking Sector by ICAI