Please Email your bank audit problems & suggestions to bankauditproblem@gmail.com to represent to ICAI to correct defects & take action.
Defect NO1: Bank Audit Appointment System Defect NO1:No maximum cooling period is followed,many CA not getting audit from 6-7 years
1) In case of Bank branch audit, the minimum period of Two years is cooling period.
2) However, there is no maximum year of cooling period is specified & maintained. AS a result, Many CA firms are not getting bank audit from 6-5 years.
SUGGESTION:
It is suggested to specify & maintain 3 years as maximum cooling period.
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