Category: concurrent audit

concurrent audit of punjab and sind bank for the year 2014-15

Punjab and Sind bank invites application for the concurrent audit for the financial year 2014-15. Check the criteria for application and grab the opportunity. Criteria i. The Chartered Accountants firm should preferably be a partnership firm with at least one FCA partner. The auditor has to attend branch/office for at least 14 days in a calendar month. The FCA would visit the branch personally at least 4 times in a month or as decided by the bank. ii. The Sole Proprietorship Chartered Accountant firms will be discouraged, however, in case proprietor is a FCA and has employed an ex-banker of scale-II & above for conducting concurrent audit, the Bank, on merit of each such case, would consider the application. The auditor has to attend branch/office for at least 14 days in a calendar month. Further, in such cases the FCA would visit the branch personally at least 4 times in a month or as decided by the bank. iii. The license of the proprietor / Key Person of the partnership concern has been issued for Full Time practice by The Institute of Chartered Accountants and the proprietor/ Key Person of the partnership firm is not in another Full Time Service. iv. The firms will be selected from the RBI panel as per gradation suggested for Branch Statutory Auditor appointment. v. The firms should preferably have qualified Information System Auditor (CISA/DISA) with adequate...

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Registration Starts for Dena bank Concurrent Audit for the year 2014-15

Dena bank invites Application for the concurrent audit of bank branches for the financial year 2014-15. CA firm can apply online  from 12/5/2014 to 28/05/2014 ( before 3 PM). visit dena bank site But before applying check the criteria for Application. Disqualification criteria Any form of canvassing/lobbying/influencing/query regarding short listing, statusetc will be treated as disqualification. Following CA firms are not eligible for online registration.  Proprietorship CA firms. CA firm having less than 5 years existence. CA firms presently engaged by the Bank as concurrent auditor. CA firms not having CISA / DISA full time partners / employed CA. CA firms engaged by the Bank as Statutory Auditors CA firms debarred by ICAI / RBI or blacklisted by the Bank for refusal toconduct any assignment allotted by the Bank during last 3 (Three) years. Process for Selection After completion of online registration of CA firms, Bank will filter all the applications based on selection criteria fixed by the Bank & only shortlisted Audit Firms will be informed regarding their selection as Concurrent Auditor in Dena Bank. Short listed CA firms, refusing to accept Concurrent Audit assignment shall not be eligible for further assignment for next three years. For More Information Download following file Download...

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