Guidance Note on Audit of Banks 2024 Edition by AASB

Guidance Note on Audit of Banks 2023 edition issued by the Auditing and Assurance Standards Board of the Institute of Chartered Accountants of India.

The Auditing and Assurance Standards Board (AASB) of the Institute of Chartered Accountants of India (ICAI) has issued the Guidance Note on Audit of Banks 2022 edition on 10th February, 2022.

Audit of banks involves a number of peculiarities e.g. huge volumes and complexity of transactions, wide geographical spread of banks’ network, large range of products and services offered, extensive use of technology, strict vigilance by the banking regulator etc.

The CA Institute has uploaded the Guidance Note on Audit of Banks 2020 edition on its official website ICAI.org for the benefit of members of ICAI. Chartered Accounts are advised to keep track of legislative/regulatory developments, for example, circulars of the Reserve Bank of India, issued subsequent to the aforementioned date and having a bearing on the statutory audit of banks/bank branches for the year ended March 31, 2022.

Guidance Note on Audit of Banks 2023 edition

A. Foreword and Preface of Past Years

B. Text of Guidance Note on Audit of Banks (2022 Edition)

C. Appendices of the Guidance Note on Audit of Banks (2022 Edition)

D. Text of Relevant Master Circulars Issued by the RBI

E. Text of Relevant Master Directions Issued by the RBI

F. Text of Relevant Notifications, FAQs and General Circulars

F. Notifications, FAQs and General Circulars

You may purchase the hard copy (printed book) of this Guidance Note on Audit of Banks March 2022 Edition along with CD that will come with the printed book will contain the complete text of these Directions/Circulars.


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