Proposed Schedule for Extended Session
canipunsinghvi
Dear Coordinator/Chairman IASB,
As per telecon, I am enclosing herewith detail of topics not covered till now but are scheduled to be covered as per syllabi of course given in the brochure .As per conversation held with Rajkumar Adukia ji, Chairman, IASB on 30th Dec he has directed Chairperson Ms.Shweta Jain to look into the matter and reschedule the course for incorporating leftover topics.
Infact some participants have not even got books.
The topics not covered as per schedule are as infra :
· The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
· The Negotiable Instruments Act, 1881
· The Bankers Book Evidence Act, 1891
· The Credit Information Companies (Regulation) Act, 2005
· The Transfer of Property Act, 1882
· The Recovery of Debts Due to Banks and Financial Institutions Act, 1993
· The Indian Stamp Act, 1899
· The Powers of Attorney Act, 1882
· The Registration Act, 1908
· Service Tax in Banks
· Mobile Banking
· Documentation – Standards & procedure
· Adherence to Auditing Standards & SIA
· Quality control
· Rules and Regulations governing Treasury Function in Banks
· Cash and Investment Management Function
· Asset and Liability Management Function
· Concurrent Audit Procedures : Advances
· Rules and Regulations governing Advances
· Checklists and model reporting format
· Statement of Irregularities in Advance Account
· Basel II and RBI Master Circular
It is humbly submitted that knowing the time constraint given to us it would be better to extend the course by a day or two and have some subject expert on to deliberate on these. We would like to have additional session on above topics. Kindly revert at your earliest.
Also, would like to urge inclusion of Bankers in areas less known to us For eg. Like GM/DGM (Treasury);GM/DGM (Credit/Inspection/Risk/System IT) would be very beneficial to us.
Thanks in anticipation.
Regards
Dear Rajkumar ji/Coordinator,
With reference to our discussion on 6th Dec , have tried my best to shortlist topics for two days extended session i.e.19-20 Jan, on receiving your consent can speak to ED and CGM of two nationalised banks for sessions on fraud reporting and legal framework.
Kindly revert on below mentioned topics:
· The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
· The Negotiable Instruments Act, 1881
· The Bankers Book Evidence Act, 1891
· The Credit Information Companies (Regulation) Act, 2005
· The Transfer of Property Act, 1882
· The Recovery of Debts Due to Banks and Financial Institutions Act, 1993
· The Indian Stamp Act, 1899
· The Powers of Attorney Act, 1882
· The Registration Act, 1908
· Mobile Banking
· Documentation – Standards & procedure
· Adherence to Auditing Standards & SIA
· Quality control
· Rules and Regulations governing Treasury Function in Banks
· Cash and Investment Management Function
· Asset and Liability Management Function
· Advances including sector allocation: RBI master circular
· NPA management and Classification
· Procedures pertaining to Default proceedings
· Checklists and model reporting format
· Statement of Irregularities in Advance Account
· Fraud reporting
· Taxation aspects on Banking services
• Service tax compliance
• Income Tax computation for banks HO and BO
• Special reference to Bad debts provisioning and IRAC vis a vis Case laws
· Basel II and RBI Master Circular with implementation in Banks
· Cooperative banks : Legal framework
· Circulars and Notifications applicable to them
· Advance classification and liberty with provisions
· Comparison with Nationalised banks vis-a-vis Cooperative banks
Also suggest that we can call Mr.Lakum from National Institute for Cooperative Management who has been faculty on cooperative banks numerous times in ICAI conferences/seminars.
Thanks
Regards
--