As per the schedule the auditor was to arrive on 6th April .Hence , on 5th April our branch resembled a mini-war zone. BM and a couple of other guys were busy compiling and purifying the various data .I was a bit surprised that still the bank uses now obsolete dbms software like foxpro to manage it's data ,but it also speaks volumes about the sustainability and longevity of such softwares.
On the other hands our other Asst. Mgr. sir was checking for any discrepancies on the deposit's front. The MRO was putting all the KCC and tractor loan documents in order with the aid of the messenger . As the sun went down , my BM gave me the task of arranging the print outs of the various reports in proper order .We had to prepare 5 copies of the reports that contained all the data and declarations regarding the previous FY.
The next day , at about 11AM the auditor arrived at our branch and was quite surprised with the ever exploding crowd that visits our branch.He was a nice guy and after asking for few files , checking the various reports and asking few questions to the BM on advances front, signed all the reports by 8PM .
We had dinner together , my first official dinner with BM , auditor and few other colleagues , and then went to railway station to see him off.
The height of the day was when my branch manager thanked me for my work .One of the good qualities of my BM is that he is very humble and encourages newbies like me even for the smallest of the task.
The whole day was an eye opener on the necessity of keeping the books in order and working as per the guidelines.Also it helped me learn the various facets of annual closing .
This being a statutory audit was the easiest of the three auditing cycles that a bank has to go through in an year.We are waiting for the circle audit which may happen in May and finally , come November the annual central audit will take place.
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