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Stock Audit & Receivables Audit In Banks

by D.P. Gupta/R.K. Gupta

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  A practical guide for chartered accountants for conducting stock audit & receivables audit in banks.

Basics of stock audit with checklists.
Checklists to start stock audit
Comparative study of AS-2 (revised) with AS-2 (old) and with IAS-2 (revised) along with corporate disclosure practices
Valuation of stocks as per section 145A of the income-tax act
Statutory disclosures for inventories as per companies act, 1956 in various accounting policies
Statutory duties and responsibilities of stock auditors, know your customers, stock audit ratios and Basel accord-II
Checklist for risk areas in stock audit
Checklist for valuation of stocks under various types of bank limits
RBI directives to implement accounting standards in banks
Important case studies on valuation of stocks based on accounting standards
Various RBI directives on loans
Audit checklist of book debts/receivables audit
KYC guidelines and anti-laundering standards
Performa of stick audit and receivable audit report and serious irregularities in stock audit with important court decision ISBN : 8174968423
 


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