LIVE COURSE ON STATUTORY BANK BRANCH AUDIT - DAY 2

🏦 Statutory Bank Branch Audit | Bank Audit Training | LFAR | NPA Classification | RBI Guidelines | Day 2 | CA Sachin Jain Master Statutory Bank Branch Audit with this practical Day 2 training session by CA Sachin Jain. Learn NPA Classification, LFAR Reporting, RBI Audit Guidelines, Advances Audit, IRAC Norms, Provisioning Requirements, Memorandum of Changes (MOC), CBS Audit Procedures, Fraud Detection Techniques, and Professional Bank Audit Reporting. This Day 2 session of the Live Statutory Bank Branch Audit Course focuses on the practical execution of bank branch audits, verification of advances, NPA identification, audit documentation, risk assessment, and reporting requirements. The session provides a real-world approach to bank audits and helps participants understand the practical challenges faced during statutory branch audits of banks. 📋 KEY TOPICS COVERED ✅ Statutory Bank Branch Audit Procedures ✅ Advances Audit & Credit Verification ✅ NPA Identification & Classification ✅ RBI Prudential Norms ✅ IRAC Norms (Income Recognition & Asset Classification) ✅ LFAR Reporting ✅ Memorandum of Changes (MOC) ✅ CBS Audit Procedures ✅ Audit Documentation Standards ✅ Risk-Based Audit Approach 🏦 ADVANCES AUDIT & LOAN VERIFICATION Detailed practical discussion on: ✔️ Loan Documentation Verification ✔️ Sanction Terms Review ✔️ Credit Appraisal Verification ✔️ Loan Disbursement Procedures ✔️ End-Use Monitoring of Funds ✔️ Drawing Power (DP) Calculation ✔️ Stock Audit Reports ✔️ Book Debt Verification ✔️ Working Capital Assessment ✔️ Monitoring of Irregular Accounts ✔️ NPA Classification under RBI Guidelines ✔️ Restructured Accounts Review ✔️ SMA & Stressed Asset Identification 📊 NPA CLASSIFICATION & PROVISIONING Learn practical aspects of: ✅ Standard Assets ✅ Sub-Standard Assets ✅ Doubtful Assets ✅ Loss Assets ✅ Income Recognition Norms ✅ Interest Reversal Procedures ✅ Provisioning Requirements ✅ RBI Compliance Standards ✅ Asset Classification Audit 🔍 OTHER IMPORTANT AUDIT AREAS ✔️ Cash Verification ✔️ ATM Verification ✔️ Bank Balances ✔️ Deposit Audit ✔️ Interest Income Verification ✔️ Interest Expense Verification ✔️ Contingent Liabilities ✔️ Letters of Credit (LC) ✔️ Bank Guarantees ✔️ Off-Balance Sheet Items ✔️ Internal Control Systems ✔️ Regulatory Compliance Checks 🚨 FRAUD DETECTION & RISK MANAGEMENT Special emphasis on: ✅ Fraud Indicators ✅ Early Warning Signals (EWS) ✅ Red Flag Accounts ✅ Diversion of Funds ✅ Evergreening of Loans ✅ Window Dressing Detection ✅ Risk-Based Audit Procedures ✅ Reporting of Irregular Transactions 📝 LFAR & AUDIT REPORTING Practical guidance on: ✔️ Long Form Audit Report (LFAR) ✔️ Memorandum of Changes (MOC) ✔️ Tax Audit Reporting ✔️ Branch Audit Report Preparation ✔️ Reporting to Central Statutory Auditors ✔️ Communication with Branch Management ✔️ Qualification & Adverse Reporting ✔️ Material Irregularity Reporting 🎯 WHAT YOU WILL LEARN ✅ Practical Bank Audit Techniques ✅ NPA Classification Skills ✅ RBI Audit Compliance ✅ LFAR Preparation ✅ MOC Drafting ✅ CBS Audit Procedures ✅ Fraud Detection Methodology ✅ Risk Assessment Techniques ✅ Professional Audit Reporting 👥 WHO SHOULD WATCH? ✔️ Chartered Accountants (CAs) ✔️ CA Final Students ✔️ Article Assistants ✔️ Statutory Bank Auditors ✔️ Concurrent Auditors ✔️ Internal Auditors ✔️ Finance Professionals ✔️ Banking Professionals ✔️ CMA Students ✔️ Audit Teams 👨‍🏫 SPEAKER CA Sachin Jain Director | Batuk Consultancy Services Audit Trainer | Taxation Expert | Professional Mentor 🌐 Website: https://batukconsultancy.com/ 📞 Call/WhatsApp: +91 8000728808 📧 Email: [[email protected]](mailto:[email protected]) 👍 LIKE | SHARE | COMMENT | SUBSCRIBE 💬 Comment "BANK AUDIT" if you want practical audit checklists, LFAR formats, MOC drafting guidance, and RBI audit compliance sessions. 🔔 Subscribe for Bank Audit Training, GST Updates, Income Tax Learning, Audit Methodologies, Professional Development Programs, and Practical Finance Education. #BankAudit #StatutoryBankAudit #LFAR #NPAClassification #RBIGuidelines #IRACNorms #BankBranchAudit #AuditTraining #CAFinal #ArticleAssistant #BankAuditor #CASachinJain #BankingAudit #ProvisioningNorms #MOC #CBSAudit #InternalAudit #ConcurrentAudit #AuditReporting #ProfessionalLearning ⚠️ DISCLAIMER: This video is intended solely for educational and informational purposes. The discussion is based on RBI guidelines, auditing standards, banking regulations, and practical audit experiences. Participants should exercise professional judgment before taking any audit, compliance, or financial decisions. © Batuk Consultancy Services | Practical Learning for Tax, Audit & Finance Professionals