Areas to be Covered
Bank Concurrent Audit is a kind of internal audit where auditor responsibility is to review and correct assign bank branch internal control system.
However compare to other internal audit, concurrent audit is little different; in concurrent audit auditor seats in branch for whole month (either himself/herself or his/her assistant) like any other branch employee, bank also allots a separate PC to them for their work. However like other employee he doesn’t report to Branch Manager since he recruited by HO hence work with Branch Manager.
Most important challenges to any auditor in concurrent audit is, Continue reading
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