Course Overview
3h 51m | 35 Videos | 63970 Views | 
Intermediate Bank Branch Audit (Module #1) – Asset Classification for Bank Branch Audit:
The bank branch audit training is an amazing course for the beginners. It will enable them to understand all the important concepts in the best manner. The Bank branch audit course is related to the banking industry. Audits play an imperative role in the banks and the necessity of understanding the procedure has become vital presently. In the present time, banks deal with several products unlike just the basic functions of depositing and giving loans in the earlier time. In this course, one can study in a detailed manner about small to major points based on bank audits. The purpose and importance of planning will be taught in these course sessions. You will come to know how planning assists the audit team to complete the audit assignment comfortably without any obstacles.
Through this course you will learn about introduction to branch banking audit, role of banks, future of bank branch audits, asset classification, guidelines for classification of assets, upgrading loan accounts classified as npa’s, understanding advances, prudential norms, general principles & prudential norms for restructured advances, special regulatory treatment for asset classification, audit objectives, audit objective- safe deposit, scope, plan, program and standards, compliance with quality control standards, direct audit to areas, audit plan and methodology, bank concurrent audit- definition and sub-heads, bank concurrent audit objectives, scope of concurrent audit, advances- key aspects and appraisal, appraisal documentation, post sanction compliance, understanding deposits, deposits- key aspects, adherence to kyc norms, auditors responsibility- kyc norms, inoperative accounts, introduction to housekeeping, inward and outward cash remittance, housekeeping-cheque housekeeping vouchers, periodical returns, registers, sensitive stationary, locker maintenance.
Target Customers:
- Students specializing in banking degree/ Any graduate degree holder
- BBA finance/ MBA students
- Equity research Analysts interested in learning about banking sector
- Anyone who desires to study more about the operations in banking
- Managers and Risk managers
- Finance professionals
- Anyone interested in learning about banking
- Professionals and newly joined employees in the banking sector
- Audit directors
- Credit auditors and internal, external auditors
Pre-Requisites:
- Passions to learn about banking
- Basic knowledge of accounting and financial concepts
- Good mathematics and strong skills
- Graduation degree
- Personality traits and special skills
