Shared Vision, Shared Responsibilities: Advancing Assurance in Banking Supervision (Speech by Shri Swaminathan J, Deputy Governor, Reserve Bank of India - July 9, 2024 - at the Conference of Statutory Auditors and Chief Financial Officers of Commercial Banks and All India Financial Institutions, in Mumbai) https://www.taxtmi.com/news?id=27594 CFOs must ensure accuracy and integrity of financial statements, maintain transparent escalation channels, rationalise internal accounts, and invest in analytics; auditors must apply rigorous, substance focused audits, evaluate internal controls, report vulnerabilities via the exception reporting system, ensure competence in IT and cyber security, and uphold auditor independence to preserve objectivity and strengthen supervisory assurance. en-us Wed, 10 Jul 2024 15:46:10 +0530 Wed, 10 Jul 2024 15:46:10 +0530 TaxTMI RSS Generator Shared Vision, Shared Responsibilities: Advancing Assurance in Banking Supervision (Speech by Shri Swaminathan J, Deputy Governor, Reserve Bank of India - July 9, 2024 - at the Conference of Statutory Auditors and Chief Financial Officers of Commercial Banks and All India Financial Institutions, in Mumbai) https://www.taxtmi.com/news?id=27594 CFOs must ensure accuracy and integrity of financial statements, maintain transparent escalation channels, rationalise internal accounts, and invest in analytics; auditors must apply rigorous, substance focused audits, evaluate internal controls, report vulnerabilities via the exception reporting system, ensure competence in IT and cyber security, and uphold auditor independence to preserve objectivity and strengthen supervisory assurance. News - Wed, 10 Jul 2024 15:46:10 +0530 https://www.taxtmi.com/news?id=27594