Frequently asked Questions (FAQs)

The overall objectives of the course are:

• To supplement the effort of the banks in carrying out internal check of the transactions and other verifications and compliance with the procedures laid down;
• To improve the effectiveness of concurrent audit system in banks
• To improve quality and coverage of concurrent audit reports.

The course is open for the members of the Institute of Chartered Accountants of India.

The classes would be conducted through digital learning hub. Participants would login with their own laptops/ computer system. There is no such need to visit the venue or Branch premises to attend the class. Through digital learning hub of ICAI, participants and speakers would be connected face-to-face from anywhere.

Participants are required to register and make payment online through digital learning hub, ICAI.

In one batch, maximum 200 participants can join.

Rs. 5,000/- (excluding 18% GST)

The total duration of virtual classes is 11 days of 3 hrs classes either on regular basis or on weekend.

CPE credit of 30 Structured CPE Hours will be given to the participants after completion of the Course. However, it will be given on proportionate basis in case of less attendance.

Course structure is available on link: https://resource.cdn.icai.org/52667iasb42177.pdf.

Examination would be conducted on quarterly basis. The examination date and time would be informed to participants by the Board through e-mail. Examination (of 1.5 hrs) may be conducted through digital learning hub.

Yes, the study material in hard copy will be provided to the participants of Certificate Course on Concurrent Audit of Banks course at their registered Address.