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Lecture Meeting on Responsibilities of Bank Auditors and Regulatory Perspective – Recent Developments and Challenges

Lecture Meeting on Responsibilities of Bank Auditors and Regulatory Perspective – Recent Developments and Challenges

ACCOUNTING & AUDITING COMMITTEE

Chairman :

Heneel Patel 

Vice Chairman : Tejas Parikh 
Convenors : Arpita Gadhia, Deepak Shah  

The country is presently witnessing probably the biggest scam in the Banking Industry where thousands of crores are at stake. The banking industry is bleeding hard and the confidence of citizens is shaken considerably. No one is sure as to what went wrong and who is ultimately responsible for the painful episode. While the truth will ultimately triumph, the auditors of bank can not shrug off their responsibility totally. Lessons will have to be learnt from the carnage and one will have to redesign audit programme in more exhaustive manner. It is classically said that the auditor is a watchdog and not a bloodhound. However, it seems that in the changing scenario, the auditors will also need to develop skill to sniff a probable fraud.

Statutory Bank Audits for the Financial Year 2017-18 will start with the commencement of the new financial year. This anyways challenging assignment will have newer and bigger challenges in the backdrop of the recent developments. With a view to address the same, the Accounting and Auditing committee of the Chamber has organised a very useful Lecture Meeting on Responsibilities of Bank Auditors and Regulatory Perspective – Recent Developments and Challenges.

The Seminar will cover the subject in greater details. Expectations from the regulator and the role of the Auditor in meeting these expectations will be key take aways. Eminent senior professionals will address the Seminar and a Panel Discussion will be the icing on the cake. 

Day & Date

:

21st March, 2018 

Time : 5.00 pm to 8.00 pm
Venue : Babubhai Chinai Committee Room, 2nd floor, IMC

 

Topic Speaker
Roles and Responsibilities of Auditors’ CA C N Vaze
Regulatory Perspective CA Ashutosh Pednekar
Penal Discussion
1. Recent developments,
2. Auditors always a scapegoat?

Learnings of recent disciplinary judgments
CA Jayant Gokhale & Eminent faculty

 

Event Properties

Event date: 21-Mar-2018 5:00 pm
Event End Date: 21-Mar-2018 8:00 pm
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