I built a FREE concurrent audit tool for banks, because all they do is copy paste and add ticks without knowing why
The Problem that every CA knows but no one talks about
If you’re a CA doing bank audits, you know the pain:
Concurrent audits require REAL-TIME documentation of branch observations, loan file reviews, and compliance checks
Most articles clearly do not know what to check when performing concurrent audit. All they do is to refer prior months report and just check few loan documents.
I know going through the guidance notes of ICAI takes a lot of time and no one wants to go through every single month. Thus I built a tool that will help you to document all required things at one place.
It is very easy for a junior article to pick up and start working, since it has inbuilt RBI guidance simplified. Also, it is cleanly segregated per items that are required for monthly/quarterly/half yearly audit.
What I built!
- No sign up, no internet just complete offline tool
- Easily export and import the data as json within a minute and take it wherever you want
- covers almost all items that will help you to fill out report easily
- Automated NPA calculations, DP and much more
- Audit deficiencies at one place to track month on month
What I feel I should cover, if user needs
- Automated report generation
btw I’m a Chartered Accountant by profession, so I have incorporated as many things that are needed.
Here is the link to the tool:
Note: Download Msi jnstalller and click on more info -> run anyway to install
For win 10 & above: Directly use the exe app and run.
Post Body
TL;DR: After 4 years of auditing banks, I built a free concurrent audit documentation tool. No signup, no money, no internet, offline tool where data can be directly exported/imported as json in one go.
See ya! If you like this, upvote as someone else would be searching for this. (Hope so)