[aaykarbhavan] Re: {Amresh's CA's} Re: {Amresh's CA's} Re: {Amresh's CA's} Re: [Thane CAs] RBI on Bank Auditors:If RBI inspectors can identify fraud,why banks' auditors not?:RBI Comments on Bank Auditors

Dearest  Shri Annaji,

                 Wi8th Due respect to you I submit that the Time duration and Fees are not and never comparable with and compensated to .

One should work diligently and with every care only.

              If it is considered all the time then one should be out for commercially , or else should ask for more fees. Like Big 4... The come out with huge compensation , if report is turned out at any time.!!! May be compensated by Insurance Company.

                 If not done , there is no Professional Ethics, principles and all and everything.

Image of our profession would get diminished to 00000000000!!!!!!!!!!

Regards,

Shah D J

]

On Saturday, 31 January 2015 10:16 AM, "Ramachandran Mahadevan ramachandran.mahadevan@gmail.com [ICAI_CIRC_MEERUT_CA]" <ICAI_CIRC_MEERUT_CA@yahoogroups.com> wrote:

 

Yes.

Regular financial audit certification itself is

Becoming difficult.

Fraud identification cannot be done

Considering the payment and time.

Ramachandran M

Sent from my iPad

On Jan 31, 2015, at 19:50, "gujratibk@yahoo.in [ICAI_CIRC_MEERUT_CA]"<ICAI_CIRC_MEERUT_CA@yahoogroups.com> wrote:

 

Sir all you are absolutely right, but in case of Statutory Branch Audit time is so scared and you have to audit 2-3 Branches with in 10-12 days , how it is possible if 70% or more branches audited by proprietary concern. RBI has also think this angle also. 

__._,_.___

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Posted by: Dipak Shah <djshah1944@yahoo.com>

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