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ANDHRA BANK (A Govt of India Undertaking) Inspection & Audit Department Head Office, Koti, Sultanbazar4th Floor, Hyderabad – 500 095 Phone:040-24683402/3422/3421/3418 e-mail: co-insp@andhrabank.co.in Empanelment of Chartered Accountant firm for concurrent audit assignment of Andhra Bank – Terms and conditions 1  . Andhra Bank invites applications from practicing Firms of Chartered Accountants, who are willing to have their Firm empanelled as Concurrent auditor of the bank. 2.  Applicant should be a partnership firm, with minimum two partners as FCAs / Proprietary concerns ( Proprietor should be an FCA) with minimum standing of 5 years. Preference shall be given to partnership firm. 3.  The audit Firm having CISA/ DISA qualified partners/ Proprietors would have preference. Weightage shall be given to firms where partners themselves are ex-bankers or the firm has got tie-up with ex-bankers with suitable experience and exposure. Due regard will also be given to firm ha

Exemption(s) in a paper(s) are granted to candidates of Intermediate and Final examinations,  in terms of Regulation  37C(8) and Regulation 38C(6), respectively, of the Chartered Accountants  Regulations 1988.   The rules in this regard are provided in the Guidance Notes made available to the  candidates along with the  examination forms and hosted on   http://icaiexam.icai.org . The related  FAQs are also hosted on www.icai.org.   However, in spite of the information already made available,  Click Here for Check   it is seen that  some of the candidates carry a mistaken 

Public sector banks, saddled with a pile of non performing assets—loans that do not fetch returns—could soon frame stringent rules allowing them to take action against service providers such as chartered accountants and advocates if required. The Central Vigilance Commission (CVC) has asked banks to look into the issue and come up with appropriate guidelines as bank officials should not be solely held responsible for the rise in bad loans, which rose by Rs 94,666 crore in the

Company Secretary: A Company Secretary is basically a person who holds the senior position in a company, both  private  and  public . Having the position is equivalent to that of a manager, a Company Secretary ensures smooth and efficient administration of their company.

PUNJAB NATIONAL BANK  invites applications for empanelment of  Forensic Auditors  for the period 2016-2017. Criteria of qualifications, experience, scope of work, application forms, undertakings, addresses of the Zonal Offices etc. are enclosed. Please note that applications and copies of the qualification,  experience, undertakings  etc. be  submitted to nearest Zonal  Office (list of the Zonal Offices is also attached) of the Bank till  27.04.2016 (5.00 pm). Fee Structure Payable To Forensic Auditors Forensic Audit is to completed within a maximum period of 2 years from the  date of authorizing the audit. The Forensic Auditor will be paid fee as under: S. No. Account having exposure Solo/consortium basis Maximum Fee Payable*  ( in Rupees) 2. Upto ₹ 100 crore ₹1,50,000/- 3 Above ₹ 100 crore – ₹250crore ₹2,50,000/- 4. Above ₹250 crore – ₹500 crore ₹3,50,000/- 5. Above ₹ 500 crore – ₹ 1000 crore ₹4,00,000/- 6. Above ₹ 1000 crore ₹ 5,00,000/-

The Council of the Institute of Company Secretaries has recently reviewed the existing limits in respect of issuance of the issue of Secretarial Audit Reports and has decided as below: 10 Secretarial Audits per partner/ PCS, and an additional limit of 5 secretarial audits per partner/PCS in case the unit is peer reviewed. These limits will be applicable for the Secretarial Audit Reports to be issued for the financial year 2016-17 onwards.

Reap what you sow. One should plan the precious time to win his future and earn enough money and wealth. A farmer tills the soil, sows seeds and does all that is required for getting a good crop. Hard work yields knowledge, experience, and happy life. Ants and bees store the food through toil and time. Lazy and wayward student loses

Chartered accountants have become immobile Naraynm country's youth. Retainers are just 19 years old. Nisclne just 9 years old his father devised the company's balance sheet manipulation. Since then, it is decided that it is rich of extraordinary ability retainers.