Agent 32 / 40 · CFO · Audit · NABARD
Ind AS / ECL Checker
Checks provisioning and expected credit loss models.
Skills
- ◆ Staging checks
- ◆ ECL model back-testing
- ◆ Provision reconciliation
- ◆ Disclosure checks
Time window to tackle
10 weeks
14 days10 weeks
Risk mitigation prime
Prevents provisioning shortfalls and restatements.
CXO position — prime lead
Chief Financial Officer (CFO)
Regulator
RBI · NABARD · ICAI (Ind AS)
Penalty clause
Fraud reporting delays and audit non-compliance attract RBI/NABARD monetary penalties and possible staff accountability; misstatements can trigger Companies Act penalties.
Indicative summary for awareness — verify against the current Act, regulation and circular.