APPLICATION ARE INVITED FOR ASSIGNMENT OF CONCURRENT AUDIT IN CENTRAL BANK OF INDIA.
Only Online Applications will be considered. No other applications will be entertained whether submitted in hard copy or through ‘e-mail’
TERMS & CONDITIONS FOR CONCURRENT AUDITORS' ASSIGNMENT
The following norms shall be applicable for appointment of firms of Chartered Accountants as Concurrent Auditors:
(i) The firm should be either a proprietory or a partnership firm having Chartered Accountants as proprietor partner(s).
(ii) The firm or its proprietor/partners have not been the subject of inquiries in the past by the Institute of Chartered Accountants of India as per the provisions of Section 21 of the Chartered Accountants Act, 1949, and no such inquiry is pending, initiated, or contemplated by the Institute as on the date of application as well as date of acceptance of assignment.
(iii) Where there are group of firms of Chartered Accountants having common partners, only one of the firms in the group will be eligible for assignment of Concurrent Audit;
(iv) The Firm would normally be allotted Concurrent Audit of only one branch of the Bank;
(v) Besides Chartered Accountants, the firm should have other qualified and experienced staff, infrastructure and office within an approachable distance from the location of the auditee branch / office to undertake Concurrent Audit;
(vi) The firm which conducts Statutory Audit of Central Bank of India shall not be considered for appointment as Concurrent Auditor by the Bank during that year and the next year;
More details & Online Application Click on the link below.
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