Audit practices and compliance of Prime Bank Limited

Abstract

This report titled Audit Practices and Compliance of Prime Bank Limited demonstrated the report into three parts. The first part of the report is the brief overview of the internship program: the student information, the information of the internship, and the outcomes of the 12-week period of my internship program which includes the contribution I made to the CA firm, the benefits of doing the internship, the challenges and difficulties faced during the internship at the firm, and some future recommendations. This second part of the report will focus on the company's organizational part, starting with the overview of the company. The descriptions of the management practice, and marketing practices of the audit firm will be noticed here. This chapter also discusses the financial, and the accounting practices, and also about the operation management, and the information system practices of the CA firm. Both the Industry analysis and comparative analysis of the firm has been provided as well. The whole chapter 2 has been summarized later on for a quick review with some recommendations thrown in at the end. The last, and final part of the report, identifies the objective research of the Audit Procedures, and compliance of the Prime Bank mainly in relation to the findings. The use of appropriate methodologies, and significance of the study is dictated in this chapter. Additionally, the recommendations indicated some improvements in the future to make the process more efficient. The report concluded with an overall summary of the study.