The document outlines a comprehensive framework for conducting bank branch statutory audits under RBI guidelines and ICAI standards. It details procedures covering advances, NPAs, deposits, regulatory ...

The guide outlines multiple categories of bank frauds including loan, deposit, cyber, and trade finance frauds. It highlights common fraud methods, warning signs, and regulatory reporting requirements ...

Banking depositors perceive failures at financial institutions as failures on the part of auditors, reducing their assessment of the credibility of an auditing firm, according to a new study.

Over 800 chartered accountants attend programme focusing on regulatory compliance, technology and evolving audit practices ...

The Securities and Exchange Commission has charged two auditors at KPMG for playing a role in a failed audit of a Nebraska bank that hid millions of dollars in loan losses from investors during the ...

Detroit — A new independent audit of the Detroit Land Bank Authority's accounting practices turned up concerns over vendor payments, demolition records to back up costs and weak internal controls. The ...

IDFC First Bank pays additional ₹55 crore in Chandigarh branch fraud case, taking total settlement to ₹645 crore after reconciliation of claims.