10. Audit Of Banks Flashcards

1
Q

Outline of audit approach including audit procedures while auditing provisions and contingencies.

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Importance of KYC norms

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Peculiarities involved in banking operations

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Is statutory auditor of Bank required to report on the requirements relating to CARO 2020?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What is out of order account?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Functioning of commercial banks is regulated by RBI. Explain

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Explain Engagement team discussions in Bank audit

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What are the matters included in engagement team discussions

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Who appoints auditor of banks?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What is Special Mention Account?

A
How well did you know this?
1
Not at all
2
3
4
5
Perfectly