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Guidance Note on Audit of Banks 2013 Edition

Saturday, March 16, 2013 Posted by Unknown , No comments
Guidance Note on Audit of Banks 2013 Edition

Contents

Part I – Knowledge of the Banking Industry
Chapter 1: Banking in India ..............................................................................1-18
Chapter 2: Legal Framework ...........................................................................19-33
Chapter 3: Accounting and Auditing Framework ...........................................34-51
Chapter 4: Accounting Systems.......................................................................52-94

Part II – Risk Assessment and Internal Control
Chapter 1: Initial Considerations.......................................................................1-26
Chapter 2: Risk Assessment and Internal Control ..........................................27-69
Chapter 3: Special Considerations in a CIS Environment..............................70-114

Part III – Items of Bank’s Financial Statements and Auditing Aspects
Chapter 1: Advances ......................................................................................1-174
Chapter 2: Investments...............................................................................175-247
Chapter 3: Cash, Balances with RBI and Other Banks, and Money
at Call and Short Notice..............................................................................248-259
Chapter 4: Fixed and Other Assets ............................................................260-272
Chapter 5: Borrowings and Deposits .........................................................273-298
Chapter 6: Capital, Reserves and Surplus ..................................................299-318
Chapter 7: Other Liabilities and Provisions................................................319-322
Chapter 8: Contingent Liabilities and Bills for Collection.........................323-338
Chapter 9: Treasury Operations - Foreign Exchange and Derivative
Transactions ...............................................................................................339-385
Chapter 10: Profit and Loss Account ........................................................386-403
Chapter 11: Disclosure Requirement in Financial Statements...................404-426
Chapter 12: Consolidation of Branch Accounts ........................................427-436
Chapter 13: Inter-Office Transactions........................................................437-444

Part IV – Long Form Audit Reports
Chapter 1: Long Form Audit Report in Case of Bank Branches ...................1-52
Chapter 2: Long Form Audit Report in Case of Banks................................53-82

Part V – Special Aspects
Chapter 1: Basel II ....................................................................................... ...1-63
Chapter 2: Special Purpose Reports and Certificates ....................................64-71
Chapter 3: Compliance Report on Frauds and Other Aspects in Banks.......72-100
Chapter 4: Compliance with SLR Requirements ........................................101-110
Chapter 5: Other Aspects ...........................................................................111-132

Appendices .....................................................................................................1-29


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