Banking
- Statutory branch audits of banking institutions
- Concurrent audits and related assignments
- Reviews of advances, stock, receivables and asset classification
Banking & financial institutions
Specialized Banking Audit Experience
Our professionals have extensive experience in banking audits and related assignments. Our experience includes concurrent audits and statutory branch audits of banking institutions, involving examination of advances, deposits, cash operations, asset classification, NPA recognition, provisioning, KYC/AML compliance, internal controls and regulatory requirements.
Scope of examination
Depth across the banking book
Concurrent and statutory branch audits involve examination of the following areas of banking operations.
- Advances
- Deposits
- Cash operations
- Asset classification
- NPA recognition
- Provisioning
- KYC/AML compliance
- Internal controls
- Regulatory requirements
Capabilities
Our banking audit capabilities
01
Statutory Branch Audit
02
Concurrent Audit
03
Stock & Receivables Audit
04
Credit & Advances Review
05
NPA & Asset Classification Review
06
Income Recognition & Provisioning
07
KYC/AML Compliance Review
08
Internal Control Review
09
LFAR & Audit Reporting
10
Bank Finance & Working Capital Advisory
Practice experience
Assignments across banking, government and industry
The firm has developed experience across multiple sectors. Individual client names are not published.
Government & Public Sector
- Internal audit of public-sector organisations
- Annual audit assignments for government units
- Work involving public financial controls and accountability
Corporate
- Statutory and tax audits of private limited companies
- Companies across manufacturing, trading, services and export sectors
- Corporate finance, GST and compliance assignments
Chartered Accountants
Let's Discuss Your Business
Whether you need an audit, tax solution, GST advisory, financial planning, banking assistance or business advisory, our team is available to assist you.
Your Business. Our Expertise. One Trusted Professional Partner.