Bank branch-Long from audit report (LFAR)

By:

SHAH, GAUTAM

Material type:

Mixed materialsPublication details: 2014Description: 93-100Subject(s):

NLM classification:

657.45

In: CHARTERED ACCOUNTANTMSummary: In 1985, RBI advised Public Sector Banks to obtain LFAR from the statutory auditors and subsequently made applicable to all banks. The format of Long Form Audit Report as devised by RBI in 1985, was revised in 1992-93 and 2003. Main objective of LFAR is reporting on interna; controls, process and systems of the bank. LFAR is framed by RBI and is in questionnaire form.

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Holdings
Item type	Current library	Call number	Vol info	Status	Date due	Barcode
Periodicals/Magazines	SSCBS Library		62/8	Available		P15301

In 1985, RBI advised Public Sector Banks to obtain LFAR from the statutory auditors and subsequently made applicable to all banks. The format of Long Form Audit Report as devised by RBI in 1985, was revised in 1992-93 and 2003. Main objective of LFAR is reporting on interna; controls, process and systems of the bank. LFAR is framed by RBI and is in questionnaire form.

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