 Early Times Report
Jammu, Mar 27: The Institute of Chartered Accountants of India (ICAI) J&K Branch (NIRC) successfully conducted a seminar on Bank Branch Audit at ICAI Bhawan, Canal Road, Jammu.
The seminar aimed to enhance the knowledge and expertise of Chartered Accountants in bank audits, with a special focus on advances, risk assessment, and leveraging technology for audit efficiency.
The seminar commenced with an inaugural address by CA Sourav Pargal, Chairman, ICAI-J&K Branch (NIRC) setting the tone for the day emphasized the significance of continuous learning in the ever-evolving audit landscape and highlighted the crucial role of Chartered Accountants in ensuring financial transparency in the banking sector.
CA. Jatin Malhotra, Secretary, J&K Branch then took the stage, initiating the proceedings and guiding participants through the key aspects of the subject and reiterating the fact that CAs are true partners in nation building with their integrity and their acumen.
The seminar was graced by Chief Guest, CA Anil Kumar Goel, Director, J&K Bank Ltd., who highlighted the vital role of auditors in strengthening the banking sector. He stressed the importance of independent and thorough audits in ensuring financial discipline and transparency.
The Guest of Honor, Shri Sunit Kumar, General Manager, J&K Bank, also addressed the gathering. He emphasized the importance of collaboration between banks and auditors to ensure the stability and growth of the banking sector. He also appreciated the efforts of the J&K Branch of ICAI in organizing such knowledge-sharing initiatives.
The seminar featured distinguished speakers who shared their expertise on key aspects of bank branch audits.
CA Rajiv Singh (Ex-Director, Union Bank of India) delivered an insightful session on the audit of loans and advances, covering risk assessment, documentation, and regulatory compliance.
CA Sangam Aggarwal (NIRC RCM) provided an overview of bank audits, discussing critical areas such as fraud detection and internal controls.
CA Avneet Singh, an expert faculty on CBS and Finacle, conducted an interactive session on leveraging technology for bank audits, particularly on Finacle.
The event concluded with a vote of thanks by CA Amit Gupta, Vice Chairman of the J&K Branch, acknowledging the efforts of the organizing team and members who played a pivotal role in the seminar’s success.
CA. Sanchit Aggarwal, Treasurer, CA. Ayush Sawhney, Executive Member of the J&K Branch, along with senior members and other Chartered Accountants were also present in the event.
The J&K Branch of ICAI remains committed to organizing such knowledge-sharing initiatives, empowering Chartered Accountants with the latest developments in auditing and finance, and fostering professional excellence in the region. |
