CIRC of ICAI organised seminar on statutory bank audit


Chronicle Reporter, Bhopal CICASA Bhopal Branch of Institute of Chartered Accountant of India(ICAI) hosted ahalf daySeminar on thetopic of STATUTORY BANK AUDIT at Hotel Atishay Hotel, M.P.Nagar,Bhopal. The Seminar was conducted under the ageis of Board of Studies, New Delhi and hosted by CICASA Bhopal Branch of CIRC of ICAI. The program has been inaugurated by lighting of lamp by CA Ajay Kumar Jain, Guest and speaker of the session, CA Anup Shrivastava, CICASA Chairman and CA Abhishek Gupta, Chairman of the Bhopal Branch. CA MayankAgarwal vice chairman of Bhopal branch also participated in the program. CA Anup Shrivastava, CICASA CHAIRMAN has welcomed all the guests and students and explained about the Bank audit. CA Abhishek Gupta Chairman of the branch has briefed the CA students about the various aspects of statutory bank branch audit andemphasised on the Banker’s Expectations from auditors. CA Ajay Kumar Jain from Gurugramdeliberated in detail and enlightened the students about the various important aspects of conducting statutory bank audit.He further discussed on Audit Planning & Documentation with special emphasis loans and advances. He also covered the topic “IRAC Norms and provisioning including Agriculture advance, restructuring of advances etc,.Taken into consideration the recent scam of PNB, CA Abhay Jain had emphasize on the responsibilities of auditor during bank audit and apprised the students about the various activities being undertaken by the branch. The seminar was successfully conducted by Ms. Sana Executive Committee member. More than 100 CA students attended the Seminars. All the CICASA Committee members have participated in the program.