Question

While auditing the banking auditor should ensure that interest should not be paid on the balance of

Answer 1

Explanation:

In India 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

Answer 2

While auditing the banking auditor should ensure that interest should not be paid on the balance of

• In India different sorts of reviews are typically done in financial organizations such reviews are a legal review, income/pay consumption review, simultaneous review, PC and framework review and so forth the above review is mostly directed by the banks own staff or outer inspectors.
• Legal review of banks can be characterized as a review to guarantee that the. A legal reviewer should confirm the money balance on the part of a bank