{"id":3685,"date":"2019-07-19T03:02:34","date_gmt":"2019-07-18T21:32:34","guid":{"rendered":"http:\/\/yourcareerheights.com\/?post_type=news&#038;p=3685"},"modified":"2019-07-19T03:03:21","modified_gmt":"2019-07-18T21:33:21","slug":"3685","status":"publish","type":"news","link":"https:\/\/yourcareerheights.com\/?news=3685","title":{"rendered":"RBI wants audit firm partners under lens to stay off banks"},"content":{"rendered":"<div id=\"pl-3685\"  class=\"panel-layout\" ><div id=\"pg-3685-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-3685-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-3685-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div class=\"panel-widget-style panel-widget-style-for-3685-0-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h2 class=\"title2\">The RBI has placed significant responsibility on statutory auditors of banks over the last one year.<\/h2>\n<p>Audit firm partners who are in the midst of any disciplinary proceedings will be barred from signing the balance sheet of any bank or even engage in the audit process. This is the latest directive to banks from the Reserve Bank of India (RBI) which over the last one year has placed significant responsibility on statutory auditors of commercial banks. Thus, even chartered accountant firms which face no ban either from the RBI or the court could be forced to pull out some of their senior partners from playing a role in any bank audit.<br \/>\nRead more by clicking on following links: <a href=\"https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/rbi-wants-audit-firm-partners-under-lens-to-stay-off-banks\/articleshow\/70269864.cms\" target=\"_blank\" rel=\"noopener\">RBI wants audit firm partners under lens to stay off banks<\/a><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>RBI wants audit firm partners under lens to stay off banks<br \/>\nThe RBI has placed significant responsibility on statutory auditors of banks over the last one year.<\/p>\n<p>Read more at:<br \/>\n\/\/economictimes.indiatimes.com\/articleshow\/70269864.cms?utm_source=contentofinterest&#038;utm_medium=text&#038;utm_campaign=cppst<\/p>\n<p>RBI wants audit firm partners under lens to stay off banks. The RBI has placed significant responsibility on statutory auditors of banks over the last one year.<\/p>\n","protected":false},"author":1,"featured_media":3594,"comment_status":"open","ping_status":"closed","template":"","tags":[427,40,680],"news-category":[679,542,50,678],"class_list":["post-3685","news","type-news","status-publish","has-post-thumbnail","hentry","tag-public-sector-banks","tag-rbi","tag-statutory-auditors","news-category-audit","news-category-public-sector-banks","news-category-rbi","news-category-statutory-audit"],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/3685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news"}],"about":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3685"}],"version-history":[{"count":0,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/3685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/media\/3594"}],"wp:attachment":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3685"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3685"},{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fnews-category&post=3685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}