ISBN Number : 978-93-5142-848-0

Student Price : Rs.180

Student Dollar Price : 7$

Book Edition : Second

Year of Publication : 2014

No. Of Pages : 212

About The Book

New Companies Act, 2013 has been implemented in the country since 12th Sept. 2013 and onwards making redundant, the old Companies Act, though partially. Due to tremendous changes in the entire Act, there were compelling reasons to revise this book completely. Auditing of companies, public or private, banking and insurance companies have numerous words and phrases judicially. Further, the revision of B.Com. (Banking and Insurance) Course of Mumbai University also made it essential to revise the book after 7 years period and add new Chapters in it, bring the recent changes in the auditing area. All the new sections in the Companies Act, 2013 are 470 in number while such sections were 650 with XIV schedules in the old Companies Act, thus reducing/merging the incomplete and ineffective legal sections. Auditing chapters have been dealt with from sections 136 to 148 in addition to sections 407 to 431.

Inclusion of topics like audit of Ltd. Companies/Branch Audit/Joint Audit/Special Audit/Divisible profits/Contents of annual report/Audit procedure vouching and verification of assets and liabilities, etc., have enhanced the scope of auditing knowledge of the students of B.Com./M.Com./Bank employees vividly.

Contents :

1 : Introduction of Types of Audits
2 : Audit of Banks and Insurance
3 : Standards on Auditing (SA)
4 : Study of Qualifications, Observations and Remarks in Audit Reports
5 : Role of Regulator’s Authorities, Department of Company Affairs / SEBI / RBI / IRDA and C&AGI
6 : Study of Portfolio of An Auditor’s Independence
7 : Role of Ethics and Regulations in Auditing Profession
8 : Audit Committees and Corporate Governance

About The Author

Shri O.P. Agarwal, post graduate in Commerce from the Vikram University, Ujjain in the year 1964 and obtained Bachelor`s Degree in Laws in 1971 from the Indore University (Madhya Pradesh). He has been a distinguished scholar since he passed the M.P. Higher Secondary Board, Bhopal examination in the first rank in the year 1959. While B.Com. was passed in the 7th rank in the year 1962. After obtaining educational qualifications, he joined Bank of Maharashtra in July 1971, and obtained the international Diploma in Banking from London (England) and became associate C.A.I.B. (London). He served the nationalised bank for 35 years and acquired the skill in banking rules and regulations, customer satisfaction and service, efficient administration of the branches and corporate services department at the central office of the bank.

He pioneered for perfect implementation of extensive quality work to the customers and colleges. He has been branch managers for 11 years, 4 years at regional and central office along with 7 years as Faculty in Bank of Maharashtra - Staff Training Centre, New Delhi.

All above practical experience, enabled him to put experience and research into book-form by writing books, for all bank employees for their better future and elevation, for subjects like internal promotion, C.A.I.I.B. and computer operation (in Hindi language) as early as in years between 1991 to 1994. After retirement from bank services, he had desired and wished to spread and share his knowledge and experience with new generation, who were aspiring for services in banking, business management, insurance and foreign exchange areas. Since 2005, he has to his credit - writing of over 50 books on subjects like Foreign Exchange, Banking and Finance, Banking and Insurance, Security Analysis and Investment Management, Financial Markets and Services, J.A.I.I.B. and C.A.I.I.B. reference books in multiple choice questions, in Hindi and English languages. Professional bankers and serving bankers should also get the opportunity for updating the development in banking and finance subjects. He has written books, viz., Modern Banking of India, Credit Appraisal (in Hindi), Banks` Interview, How to Face Bank Interviews? (in Hindi), Quantitative and Financial Decision Analysis, Retail Banking, International Financial Management and Practical Letters Writing (in Hindi) for the benefit of entire fraternity. Writing of books is a passion for Mr. Agarwal.

He has been Guest Faculty since the year 2001 to date for various bank`s staff training colleges in Mumbai as well as for the largest and the first asset reconstruction company ARCIL, CBD Belapur, New Mumbai for their officers` training programmes.

Book Reviews

Login Form