July 15, 2024



Empanelment with Lender of India for Concurrent Audit

2 min read

Financial institution of India is trying to get programs from qualified Chartered Accountant (CA) firms interested in undertaking Concurrent Audit assignments for empanelment. This see outlines the application procedure, eligibility conditions, and significant instructions for potential candidates.
Discover for CA firms implementing for empanelment as Concurrent Auditors
1. Bank of India invitations application from eligible Chartered Accountant companies, desirous to undertake Concurrent Audit assignment for empanelment.
2. The Application ought to be submitted on-line in the recommended structure offered in Bank’s web page www.bankofindia.co.in.
3. Incomplete software will not be entertained.
4. Mere submission of software does not, in any way, represent warranty for empanelment / allotment of the audit career of any nature from the financial institution. The allocation of the branches to the auditors will be purely the prerogative of the bank.
5. You should fill the full variety within just 20 minutes.
6. No Distinctive Character like – , & and so on. not authorized in any character field though applying.
7. Only those CA Firms, who would be allotted the Audit assignments, would be demanded to submit their recommendations alongside with the hardcopies of the submitted on-line application type duly signed with seal. No other typed or handwritten application type shall be acknowledged.
The eligibility criteria for these types of empanelment of CA corporations with the Financial institution are as less than:
1. The Agency really should be in RBI empanelment.
2. The Company should not be of Concurrent Auditor / Statutory Auditor of Lender of India right after 01-July-2022 for any period of time.
3. The firm shall have practical experience of Concurrent Audit/ Statutory Audit of minimum a few Banking institutions other than Bank of India.
4. The agency having DISA (ICAI) / CISA (ISACA) qualified chartered accountants will be most well-liked.
The Chartered Accountant firms satisfying the over conditions as applicable to them and narrated in Para-1 are asked for to post on the net application through the Bank’s web-site www.bankofindia.co.in 10-July-2024 5.00 PM IST to get empanelled. Programs complete in all regard to be submitted online only.
In circumstance of any issue, you may well get hold of- Inspection and Audit, Head Place of work at cellular phone No: 022-61319427, 61319444
In circumstance of any difficulty in filing of the on line software, the CA corporations are requested to mail the difficulty to the mail id CAContact.Hoaudit@bankofindia.co.in together with the screenshot of the webpage where problem is encountered.
Url to Utilize On the internet
(Republished with Amendment)

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