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  Auditing and Assurance Standards Board - Online Panel of Experts for addressing Bank Branch Audit related queries
 Board of Internal Audit and Management Accounting of ICAI is organizing Webinar on "Identifying Red Flags and Report Writing by Internal Auditors" - March 27,
 Revised Applicability of Peer Review Mandate (Phase II & III)
 Important Announcement - Reschedulement of Chartered Accountant Examinations, May 2024
  IMPORTANT ANNOUNCEMENT
 Extension of Last Date for Online Empanelment of Members to act as Observers for May/June 2024 Examinations up to 15th March 2024
 Empanelment of Members to act as Observers at the Examination Centres for the Chartered Accountants Examinations May/June 2024
 Guidance Note on Audit of Banks (2024 Edition)
 Issuance of SA 800 (Revised), SA 805 (Revised), SA 810 (Revised)
 Implementation Guide on Reporting on Audit Trail under Rule 11(g) of the Companies (Audit and Auditors) Rules, 2014 (Revised 2024 Edition) - (12-02-2024)
 Important Announcement for May-June 2024 CA Examinations

ICAI - 2011 Edition of Guidance Note on Audit of Banks to be released soon
March, 17th 2011

The Auditing and Assurance Standards Board of the ICAI is bringing out the 2011 edition of the Guidance Note on Audit of Banks. The Guidance Note is under print and will reach the Regional Offices/Branches of the ICAI near you by 22nd /23rd March, 2011.
 
Significant Features of the Guidance Note:

It incorporates important regulatory changes made by the RBI through its various Master and General circulars, importantly those on income recognition, asset classification and provisioning, investments, exposure norms, capital adequacy, financial statement disclosures, etc.

The effect of revised auditing standards issued by ICAI since last edition has also been given in the 2011 Guidance Note.

The appendices to the Guidance Note contain the formats of Engagement Letter, Auditors Report, Management Representation Letter, Audit Programme etc.

The Guidance Note is accompanied by a CD containing the complete text of important RBI Circulars.

The Guidance Note runs into 900 pages approx.
 
Price Rs. 750/- (including CD).

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