8th Batch of Certificate course on Concurrent Audit of Banks: Request for Additional sessions for remaining topics.
DESHDEEPAK ROOPKISHOR GUPTA
To,
CA. Jyoti Singh,
Secretary, Internal Audit Standards Board,
The Institute of Chartered Accountants of India
ICAI Bhawan, Fourth Floor Main
Building
Indraprastha Marg, New Delhi.
Desktel: 011-30110420/ 547
Mob: 9310542606
Email: c...@icai.org
Respected Jyotiji,
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 Shri Rajkumar Adukiaji, Chairman, IASB on 30th December,2012 he has directed Chairperson Ms. Shweta Jain to look into the matter and reschedule the course for incorporating leftover topics.
The topics not covered as per schedule are as infra:
· The Securitization 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.
Warm Regards,
CA Deshdeepak Roopkishor Gupta.