Concurrent Audit
Quick Reference for Your Business
Ongoing Transaction Audit – everything you need to know about Concurrent Audit.
01
What It Is
Near-real-time audit
of a bank branch's transactions
Conducted continuously
(monthly/ongoing), not once a year
Catches errors
and irregularities as they happen
Required for
large / sensitive branches per RBI guidelines
02
What It Covers
| Area | Checks |
|---|---|
| Advances & disbursements | Sanction terms, documentation, end-use |
| KYC / AML | Compliance with norms |
| Income & expenses | Interest, charges, leakage |
| High-value transactions | Verification and reporting |
Note: Concurrent audit is prevention, not post-mortem. By checking transactions as they occur, it stops errors and irregularities before they grow — which is why RBI mandates it for high-risk and high-volume branches. Reports go to the branch and management regularly.
03
Why Banks Trust M/s Durganjali & Associates
A real, qualified Chartered Accountant
A CA who provides disciplined, ongoing concurrent audit with prompt, clear reporting.
Audits that hold up
Proper working papers and documentation that stand up to regulators, banks and the department.
Deadlines never missed
We track every due date so penalties never catch you off guard.
Clear updates in your language
Simple updates in Telugu and English — you always know where things stand.
Honest, practical advice
Straight answers you can act on — no jargon, no overselling.
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