Audit
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This presentation summarizes the process of auditing a bank. It discusses the different types of audits conducted on banks in Bangladesh, including statutory audit, revenue/expenditure audit, and concurrent audit. It outlines the stages of a bank audit, which includes preliminary work, evaluating internal controls, preparing an audit program, executing substantive testing, and preparing an audit report. Key provisions related to bank audits in Bangladesh are also summarized, such as requirements regarding reserves, cash ratios, restrictions on loans, and regulatory reporting. The approaches taken by Bangladesh bank audits are briefly described.
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ICB Islamic Bank Limited Foreign Exchange Procedure | MD. FAZLA RABBE SARDER
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DOI: 10.13140/RG.2.2.13655.39842
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Bangladesh Commerce Bank Ltd incorporated in Bangladesh on 1 June 1998 as a banking company, it started banking operations on 16 September 1999 with an authorized and paid up capital of Tk 2,000 million and Tk 920 million respectively.
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Saqib Uddin Shaikh is seeking a challenging position that allows him to apply over 10 years of diversified professional experience. He has worked as a senior auditor for Grant Thornton in Azerbaijan, UAE, and Pakistan. His responsibilities include planning and executing statutory audits and reviews, ensuring compliance with IFRS and accounting standards, preparing audit deliverables, and managing audit teams. He has extensive experience auditing companies across various industries such as manufacturing, financial services, and healthcare. Saqib holds qualifications in accounting, auditing, and management and is proficient in ERP systems and Microsoft Office.
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[1] RBI expects greater scrutiny from auditors in assessing asset classification and identification of non-performing assets (NPAs), especially for large loan accounts. It also requires auditors to report any suspicious or fraudulent activities uncovered during audits.
[2] RBI has noted non-compliance with certain auditing standards on external confirmations and audit sampling. It is also examining methods like accessing auditors' working papers to better review their work.
[3] The number and value of reported bank frauds have been rising each year from 2013-14 to 2017-18
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二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信：A575476】即可
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留信网认证的作用:
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Audit
- 1. Welcome to presentation on Audit of a Bank Course Code- ACC-4705 Course Title- Principles and Practices of Auditing
- 2. Submitted To- Helal Uddin. Submitted By-Saira Negar-B121213 Sanjida Hossain-B121211 Shorayet Kamrul Imoon-B121208 Sharmin Akter Akhi-B121209 Afnan Fatema-B113226 International Islamic University Chittagong, DBA 8/20/2015
- 3. Introduction Banking is such a unique industry that persons from all walks of involved with Banks in any relation whether as an operational banker, trainer, auditor or most commonly Customer. In Bangladesh various types of audit are normally carried out in banking companies such audit are statutory audit, revenue/income expenditure audit, concurrent audit, computer and system audit etc. the above audit is mainly conducted by the banks own staff or external auditors. Here in this presentation we show the procedures of an audit of a bank company. 8/20/2015
- 4. 8/20/2015 Types Of AUDIT Statutory Audit BANGLADESH Bank Audit Concurrent Audit Revenue Aspects Expenditure Documentation Aspect Administrative
- 5. Prohibited Activities Prohibition Of Trading(SEC-9) Restriction of holding non banking Asset(SEC_10) Restriction On purchase Of Share(SEC-14) 8/20/2015
- 6. Stages In Audit Preliminary work Evaluation of internal control system: A) Accounting controls B) Administrative control Preparation of audit programme for substantive testing and its execution Preparation and submission of audit report 8/20/2015
- 7. Provisions Relating to audit Appointment of the auditors Powers of the Auditor Auditor’s Report 8/20/2015
- 8. Provisions Relating to Bank Reserve Fund Cash Reserve Ratio Statutory Liquidity Ratio(SLR) Restriction On loan Submission of Return to Bangladesh Bank Inspection Of Bangladesh Bank. 8/20/2015
- 9. Approach Of Bangladesh Audit General Approach List of Document Of Bangladesh Audit a) Statutory Audit report b) Tax Audit Report c) Long Form Audit Report (LFAR) 8/20/2015
- 10. STATUTORY AUDIT – CERTAIN ASPECTS Verification of Profit & Loss Account Item a) Income expenditure. Verification of Balance sheet Item a) Cash & Bank Balances b) Investments: c) Advances Provisioning d) Fixed Assets: e) Inter Branch Reconciliation (IBR) f) Deposit 8/20/2015
- 11. Conclusion Audit is important for the stakeholder of the bank to know about the clarity of their trusted organization. Every bank should conduct audit to identify their lacking and built their banking industry more stable and shock resistant. 8/20/2015