Hi All
Today I was trying to apply for central bank concurrent audit
through online. Though my firm Firm H R KOPPAR & CO is having
category 3 as per MEF for CY as on 01/01/2012, online application form
of bank says we are not qualified .
When I raised this issue through E sahayatha 3 days back, They have replied today that
they are still in process of finalising MEF list for CY. Banks are
using data of last year.It means firms which have status as on
01/01/2012 is not qualified. So banks are using data as on 01/01/2011
for appointment of concurrent audit from 01/01/2013. So outsiders (banks
) are having data base which are 2 years old. SO STUPID
So my query is
1. Whom we need to blame this delay in sharing database - ICAI or
Banks? Many Banks ask firms status as on 01/01/2012 for appointment,
but they will use MEF as on 01/01/2011. This is we realised ONLY when
online application asked for appointment & your firm will have tag
line _ Disqualified.
2. Sometimes, we will not get any intimations or are not qualified
for many audits inluding concurrent audit( rather same old firm will get
them) Reason may be they will have 2 years old data base with them
supplied by ICAI. So is it intentional one OR what is rational in this?
3. When everything is REAL TIME UPDATE, why MEF Is not finalised when we are in DECEMBER (almost compeletion of year).?
Now each one of us know how ICAI is having updated database with them
about members & firms. This is reason why ICAI Is not taking action
on 44AB culprits or Bogus Firms? They have 2 years data & they know
that they cannot spell it outside
Anybody who have change of category in their MEF as on 01/01/2012
compare to 01/01/2011 can try to see above things by applying online
With warm regards,
Professionally Yours,
Professionally Yours,
CA. Chikkerur Chidambar R | B.com, MBA, CA, DISA & LLB|
CHARTERED ACCOUNTANT
Kamala Nilaya| # 30 | Ground Floor |18th Main | Vijayanagar | Bangalore - 560 040 | India |
Mobile - 98443-17480, Phone- 080-23154952
mail to - chidu11@gmail.com
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