Concurrent Audit

Posts by: XTVeutMsco

Concurrent Audit

OBJECTIVES:   To ensure that the operations are conducted in accordance with the circulars of the management of the bank. To ensure that all necessary steps to protect the assets of the bank have been taken in accordance with law and banking practice. To verify whether all transactions both fund based and non-fund based are […]

Independent Director

Introduction As per Section 149(4) every listed public company shall have at least one-third of the total number of directors as independent directors. The Central Government may prescribe the minimum number of independent directors in case  of any class  or classes  of  public companies. Any fraction contained in such one-third numbers shall be rounded off […]