Bank Audit

the general ledger leading to the crucial situation of final accounts not being in agreement with the books of accounts. When new channels like Automated Teller Machine (ATM) are added: New channels linked recently are sometimes not tested substantially. An example of ATM itself will clear the point. In any bank, the books are closed […]

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Bank Audit Conducting Bank Branch Audit in CBS Environment

Bank branch audits are one of the significant segments of chartered accountants’ audit practice. The increased technology adoption by the banks during last decades has created both challenges and opportunities for the auditors. While the branch auditor cannot be expected to be an IT’s maestro, ignorance to the existence of IT system cannot be afforded […]

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