(Pages: 376 including initial pages) Price: Rs. 350/- Reserve Bank of India has revised its 1996 concurrent audit guidelines and issued “Concurrent Audit System in Commercial Banks – Revision of RBI’s Guidelines” in July, 2015. These guidelines focus on effective controls, importance of checking high risk transactions and coverage of fraud prone areas. In the light of these new Guidelines, the Internal Audit Standards Board (IASB) of the Institute has thoroughly revised “Manual on Concurrent Audit of Banks (2012 edition)”, including the impact of various applicable new/ revised RBI Circulars issued during the period. Significant features of the Manual are:
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