About this Course

The concurrent audit system of banks has become very crucial and important for banks. The main objective of the system is to ensure compliance with the audit systems in banks as per the guidelines of the Reserve Bank of India and importantly, to ensure timely detection of lapses/ irregularities. In view of the core competence of the chartered accountants in the area of finance and accounting, risk management, understanding of the internal functioning and controls of banks, etc., the banking sector has been relying extensively on them to comply with these requirements of the regulator. The Board of Internal Audit & Management Accounting of ICAI conducts 6 days Certificate Course on Concurrent Audit of Banks. The purpose of the Certificate Course on Concurrent Audit of Banks is to provide an opportunity to the members to understand the intricacies of concurrent audit of banks thereby improving the effectiveness of concurrent audit system in banks, and also the quality and coverage of concurrent audit reports.

The course is open for the members of the Institute of Chartered Accountants of India.

A online final assessment test of 100 Marks will be held on quarterly basis. A candidate will have to attend 80% of classes, i.e., 5 days classes, failing which, he/she will not be entitled to appear in the evaluation.