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Question ID : 44454

Reduction in Statutory Bank branch Audit alottments

As no of Bank branches to be audited have been drastically reduced and from 2023-24 it is up to Bank management to decide no of branches to be audited, A regular source of CA's income is being finished. Will it not be appropriate for PDC to take some proactive action .Small MSME firms even Proprietorship firms with rich experience also are not being considered for CAG/Other bank audits. They should be given assured minimum Audit work . There are enough Audit works available . Only equitable distribution is required.

Posted by Mahesh Kumar on Mar 29, 2023

Filed Under AUDIT

Answer ID : 83978

Enhance capabilities of your firm. Increase strength or join larger firm. Never depend on any single source, might it be any

Posted by SURAJ KUMAR CHOUDHARY on Apr 04, 2023
Answer ID : 85041

Yes You are Right

Posted by CA. MADHAVAN S on Jun 02, 2023