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news details
J&K ICAI organizes seminar on Bank Audit
3/26/2019 12:06:06 AM
Early Times Report

Jammu, Mar 25: J&K Branch of the NIRC of the Institute of Chartered Accountants of India organized a seminar on Statutory Audit of Banks and Usage of Commands in FINACLE-7 Software.
Parvez Ahmed, Chairman & CEO of J&K Bank was the Chief Guest on the occasion. CA. Niranjan Joshi was the Guest Speaker on Statutory Audit of Banks, Mohd. Muzaffar Wani, A.K.S .
"It is my strong belief that to maintain the momentum of economic growth in India, it is of utmost importance to ensure that banking sector stays healthy, safe and sound. For safe and sound banking sector, one of the most important factors is reliable financial information supported by quality bank audits. The present scenario requires special and added attention of bank auditors who are entrusted with the responsibility of bank audits as their professional duty." said Parvez Ahmed in his opening remarks on the occasion.
Bagee and Abha Mahajan from J&K Bank were the Guest Speakers on Usage of Commands in FINACLE-7 Software. The First Technical Session was deliberated by CA. Niranjan Joshi who gave a detailed presentation on Statutory Audit of Banks. He also addressed the various queries raised by the members on the subject matter.
During the second technical session, Mohd. Muzaffar Wani, A.K.S Bagee alongwith Miss Abha Mahajan demonstrated with the help of live hands on session about various Commands of FINACLE-7 Software that were relevant from the point of view of Statutory Audit of Banks. Parvez Ahmed while appreciating the efforts of J&K Branch of ICAI for Conducting this Seminar, highlighted the role of chartered accountants in the overall development of the economy. He stressed upon having further coordination between J&K Branch of ICAI & the J&K Bank for conducting more of such programs in future. Shalay Razdan , Chairman of the branch welcomed & introduced the Chief Guest & the guest faculties & delivered the inaugural address. CA. Nakul Saraf, Secretary of the Branch conducted the proceedings of the seminar & CA. Vinay Jamwal, Treasurer of the branch presented the formal Vote of thanks. JKCASA Chairman of the branch CA. Arvind Jamwal along with a large number of chartered accountants & senior officials of J&K Bank were also present at the occasion.
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