Embed Size (px)
Citation preview
Hosted by Sonepat Branch of NIRC of ICAI
Presented by CA Shilpi Sikka, New Delhi
March 24, 2019
1
The views expressed in the following presentation should not be construed as the view of ICAI or my firm.
The views opined herein should not be considered as a professional advice
Images, Screenshots, Menu codes, Software names etc. are the property of the respective Software Developer/Trademark owners.
The information contained in the presentation is merely for guidance and not for commercial purpose.
This presentation should not be reproduced in part or in whole, in any manner or form, without my written permission.
The failure of such may attract civil or criminal liabilities.
2
Need for Core Banking Solution (CBS)
Evolution of CBS
Introduction to CBS
Benefits of CBS
Banking softwares in the market
Use of CBS softwares by various banks
Practical use of FINACLE Software
Practical use of BaNCS Software
Practical use of excel in bank audit
3
4
Due to following challenges faced in traditional Banking-
Poor customer service
Improper use of mankind resources
Large ongoing staff training cost
Lack of security
Time consuming and costly to produce reports
Chances of duplication of data entry
Challenges in balancing of books
5
Manual Banking Branch
Computerisation
CBS – Branch banking,
internet banking etc.
Core Banking Solution (CBS) is-
networking of bank branches,
allows customers to manage their accounts, and
use various banking facilities from any part of the world.
For the bank which implements CBS , the customer becomes the bank's customer instead of customer of particular branch.
Anywhere and Anytime Banking
6
Anytime Anywhere Anyhow banking possible
Enhanced security features implemented
Reduce Frauds and Errors
Opportunity to build customer relationships
Reducing long queues in banks for transactions
Increase efficiency of mankind
Improved operations efficiency
Ease of integration
7
8
CENTRAL SERVER
ATM
SWITCH
MOBILE BANKING
INTERNET BANKING
CREDIT CARD
SYSTEM
BACK OFFICE
BRANCH
Softwares Developed by
BaNCS24 Tata Consultancy
FlexCube Oracle Corp
Finacle Infosys
9
Finacle BaNCS FlexCube
Bank of India State Bank of India Canara Bank
Punjab National Bank Allahabad Bank Syndicate Bank
Bank of Baroda Central Bank of India
UCO Bank Indian Bank
United Bank of India Bank of Maharashtra
Union Bank of India
ICICI Bank
Punjab & Sind Bank
Indian Overseas Bank
Oriental Bank of Commerce
Vijaya Bank
Dena Bank10
Finacle – Types of server
Finacle – Login page
Finacle – Menu page
Finacle – Commands
Finacle Based Reports
11
There are two types of servers of Finacle-
Live Server/Production Server/DC
Live server is real time and is used by bankers to record day to day entries.
The balances get updated as soon as a transaction is entered.
Report Server/DR
Report server is not real time and is used to extract reports.
The balances in report server get updated after day end process.
This operates on one-day lag.
12
13
14
15
Jotting Report
Account customer ledger inquiry
Interest adjustment report
PR menu
Account interest report
Guarantee register
Manual entries report
Balance Sheet, Profit & Loss extraction report
TDS report
Outstanding proxy entries report
Inventory status report
Minor Subsidiaries Outstanding Items Report
Account Turnover
Financial Transaction Inquiry
Search Menu
16
Objective-To Generate the Jotting report of Advance/Deposit.
Utility-This report help the auditor to start the review process by generating the jotting report of the list of all advance and deposits of the branch as at the year end/specific date.
Extraction Method- Type JOTRPT in menu option and press enter
Screen will show list of available reports with specified report number
Type relevant report number
Enter SOL ID and press F4
To exit press 99 followed F4
Sample Report – LAA Accountwise Interest Report.txt
17
18
Objective-For Viewing the transaction in the Ledger account
Utility-This report help to the Auditor to review the transaction in the accounts chosen for security.
Extraction Method-
Type ACLI in Menu Option and press enter
Type Account No., if known, start date and end date and press F4
Else type first three letters of name and press F2
Use down arrow to go to the account number required
Press Shift+F4 to select and type start date, end date and press F4.
19
20
21
Objective- For viewing the account details
Utility- This report help to the Auditor to review the specific parameter of accounts (asset classification, repayment schedule etc) during the course of review of the advance-deposit.
Extraction Method-
Type ACLI in Menu Option and press enter
Type Account No.
In the account number column, press Ctrl+E
Type relevant alphabet in Option code and press F4
If alphabet is not know, use F2 for list of various alphabets
Common alphabets – Y for asset classification, E for repayment schedule, H – Sanction limit
22
Objective-To view DP and Sanction Limit of Advance.
Utility- This report help to the Auditor to compare the DP vis-à-vis the sanction limit to identify potential NPA, reporting on review of advance in the LEAR etc.
Extraction Method-
Type ACI in Menu Option and press enter
Type I in Function for inquiry
Type Account No. and press F4
Type H in Option code and press F4
Type I for inquiry in function field
Type D for Drawing power; S for Sanction limit in Operation history
Name of report-Interest adjustment due to value date/Limit history change.
Utility-This menu help the Auditor team to review instances of value dating with respect to interest rate change and limits being reset.
Extraction Method-
Type IARMREP in Menu option and press enter
Type relevant SOL ID of the branch, Scheme Type (CCA, LAA, ODA), From Date and To Date and press F4
Print the report by typing F in Foreground and N in print required column and press F10.
Report gets generated in PR menu
Sample report -iarmrep ODA.txt
23
All reports generated go to PR Menu for where these reports can be extracted.
Extraction method-
Type PR in menu option and press enter
Select the required report and press Ctrl+E twice
Report get saved in a folder at C://report
24
25
Name of report- Account Selection Print
Utility- To view account opened/closed during a period
Extraction Method- Type ACSP in menu option and press enter.
Press F4
Enter Open date (low)+open date (high) and press F6
Enter Scheme type (SBA for Savings Bank, CAA for current account, TDA for term deposits, CCA for CC, ODA for OD and LAA for loans) and press F4.
Print the report by typing F in Foreground and N in print required column and press F10.
Report gets generated in PR menu
To view NPA accounts : ACSP+Enter+F4+F6+002 (at main asset classification)+F4
Name of report- Accountwise Interest Report
Utility-The menu display the interest calculation work sheets in respect of Advance and Deposits.
Extraction Method-
Type AINTRPT in menu option and press enter
Type SOL ID of the branch, report to A, Scheme type, CCY – INR, From A/c Id to A/c ID, Dr/Cr int- D for advances and C for Deposits, select appropriate MRT file using F2 option and press F4
Print the report by typing F in Foreground and N in print required column and press F10.
Report gets generated in PR menu
Sample report- AINTRPT_Sample.txt
26
27
Objective- Review of transactions in an account
Utility- This is helps in reviewing unusual transactions in a ledger account
Extraction Method-
Type ACLI and press enter.
Enter Account Number and Press F4.
Press Shift + F4 to select any transaction.
Use arrow up/down to see debit/credit effect of the entry
Mention Q under the head specify option to quit and press F4
Press F3 to come back to the ledger.
Use Text dump to copy account number to further analyse the trail of transaction.
28
Name of report-Guarantee issued cum liability register.
Utility-This menu generate the complete list of Bank Guarantees issued by the branch. Auditor should inspect this report to identify BG.
Extraction Method- Type GILR and press enter.
In report to field- Type M
Enter SOL ID of branch
CCY – Type INR and Press F4
Print the report by typing F in Foreground and N in print required column and press F10.
Report gets generated in PR menu
Sample report - BG - Bank Guarantee.xlsx
29
Objective-To view manual entries debited to Profit & Loss
Utility- Auditor to identify and report manual entries in Profit & Loss Account
Extraction Method-
Type MINTRPT and press enter.
Enter sol id of branch.
From date and TO date and press F4
Report generated and use PR menu to view it.
30
Name of report- To view Balance Sheet/Profit and Loss Account
Utility- Analysis of Balance Sheet and Profit & Loss Account
Extraction Method-
Type GR and press enter
Fill up report no. and press F2 for list. Type of BS/PL
Type M and sol ID and press F4.
In GL date enter the date for which the B/S is required
In Net Bal. Type Y or N and in CCY type INR and press F10
Print the report by typing F in Foreground and N in print required column and press F10.
Report gets generated in PR menu
31
Name of report-TDS Inquiry Position
Utility-This menu generates the complete TDS deducted and deposited report. This said report should be used as the work sheet the TDS checks required in Form no. 3CD of the tax audits Reports.
Extraction Method- Type TDSIP and press enter.
Report option type 5 for TDS summary and for list F2
Fill in the parameter in report to Type M and in CCY type INR enter Date and pres F4 twice and then press F10.
Print the report by typing F in Foreground and N in print required column and press F10.
Report gets generated in PR menu
Sample report- TDS_summary_report.txt
32
Objective- To generate list of entries than service charge debited to the G/L proxy account.
Utility- Helps auditor to ensure there are no abnormal entries parked in the said account.
Extraction Method-
Type OSPRO in menu option and press enter
Enter SOL ID of the branch and press F4
Print the report by typing F in Foreground and N in print required column and press F10.
Report gets generated in PR menu
Sample report - Outstanding Proxy Other than Charge Related.txt
33
Name of report- Inventory Status Report (security Forms)
Utility-Auditors need t o comments on the security form and this menu can help in reviewing the details thereof.
Extraction Method-
Type ISRA in menu option and press enter.
Enter SOL ID of the branch and press F4
Print the report by typing F in Foreground and N in print required column and press F10.
Report gets generated in PR menu
34
Objective-To view age wise suspense entries outstanding as on date.
Utility- This report help to the Auditor to verify suspense entries outstanding as on date.
Extraction Method- Type MSOIRP in Menu Option and press enter
Type I in Function for inquiry
Type Sundry creditors GL no. and press F4
Print the report by typing F in Foreground and N in print required column and press F10.
Report gets generated in PR menu
Sample report:-MS_report_for_SUSPENSE_ACCOUNTS.txt
35
Name of report-Account turnover Report
Utility- This report helps the Auditor to obtain Account turnover in any account to identify potential NPAs.
Extraction Method- Type ATOR in Menu Option and press enter
Type A in Report to column
INR in Currency column
Account number in column ‘Account range’ and ‘To’
Mention period in ‘Date Range From’ and ‘To’.
Press F4.
Print the report by typing F in Foreground and N in print required column and press F10.
Report gets generated in PR menu
Sample Report: ATOR Sample.txt
36
Name of report-Financial Transactions Inquiry
Utility- This report helps the Auditor to obtain details of financial transactions as per specified inputs – High value transactions, Cash transactions, etc.
Extraction Method-
Type FTI in Menu Option and press enter
Remove Y from Today’s trans. only column
Specify amount in Trans. Amount low column (say Rs. 1crore to view transactions above the specified), or ‘C’ for cash transactions in column “Tran. Type”
Specify ‘Start Date’ and ‘End date’
Press Ctrl+ E on any particular transaction to further view it in detail.
37
Objective- To find any menu option
Utility-This menu option help the user in generating report based on the specific requirement of the use from the available list of report display.
Extraction Method-
Type SEARCH and press enter.
In search type M for menu and type name of menu in the next field and press F4
Select the desired menu the list display and press Shift + F4
Name of Report Menu Option
List of NPA NPARPT
Loan Overdue position inquiry LAOPI
Exception Report EXCPRPT
Pending Signature JOTRPT
Temporary Overdraft Register TODRPT
Pending LADs LADRPT
Financial Transaction Inquiry FTI
Account turnover ACLPCA/ATOR
38
If using FINACLE 10, add ‘H’ before all the commands. (For ex. HACLI in place of ACLI)
Name of Report Menu Option
Bank of India MISRPT
Bank of Baroda BOBMENU
Indian Bank CDC reports
United Bank of India EODDRPT, UNIRPT
Indian Overseas Bank FINRPT
Oriental Bank of Commerce MISREP
Punjab National Bank PNBRPT
Punjab & Sind Bank PSBRPT
39
System reports available in Report folder
40
The reports are generated daily in a folder named “Report Folder” daily after day end.
Foreign exchange transactions reports are stored in a separate folder named “Exim Folder” or “TRFReports”.
There is a folder for each day i.e. 20180228, 20180227, 20180226.
41
42
Category Report Head Report Name
Advances Reports folder Loans_Disbursed_report_lonm2459
Contents of the Report Loan Disbursed during the month
This report lists the details of all newly sanctioned loans (Retail and
Term Loans). It can also be used to verify the documentation, processing
charges of sanctioned advances.
43
44
Category Report Head Report Name
Advances Reports folder Branch Code_NPA_Report.csv
Contents of the Report List of all NPA Accounts along with levels
and date of NPA
This report can be used for computation of provision on NPA accounts and can be verified
with totals of NPA provision
Date of NPA can be verified in case of recently classified accounts as NPA.
45
Category Report Head Report Name
Deposits Reports folder Accountwisee_Datewise_TDS_Deduction_Re
port_depd0202.txt
Contents of the Report Details account wise and date wise amount
of interest credit, TDS deducted along with
PAN details
This report can be used to verify the correctness etc. of the TDS deducted on interest paid in
respect of deposits
46
Category Report Head Report Name
General Reports folder Details_Trial_Balance_date.txt
Contents of the Report Generates the Trial Balance for the day
The Trail Balance can be used to check the account level details of transactions recorded
under various heads of accounts.
47
Category Report Head Report Name
Advances Reports folder Link_Accounts_PNPA_cipd0706.Txt
Contents of the Report List of all PNPA borrowal accounts including
CC, OD & Term Loan Accounts
The report could be used to review borrower wise accounts listing overdue amount and
account level. In case only one facility is overdue the other borrowal accounts is also listed in
the report for performing additional procedures. This report is also helpful to identify
borrowals whose accounts are overdrawn due to L/C Devolvement.
48
Category Report Head Report Name
Advances Reports folder<MDA Review_summary_Branch_Lonm0705
Contents of the Report Statement of review of accounts as on the
month/quarter end
The report gives details of the total number of accounts along with the accounts due review
at the branch level, ZO Level.
49
Category Report Head Report Name
Advances-
NonFunded
Exim Reports Expired_Inland_Guarantees_but_not_closed.
txt
Contents of the Report Lists inland guarantee which have expired
as at the month end
The report could be used to identify expired BG’s and the amount of such expired BGs, if
material should be reversed.
50
Category Report Head Report Name
Balance Sheet Reports folder Audit_BGL_Accounts_age_wise_breakup_ge
nd0805.txt
Contents of the Report Details the outstanding entries in suspense
and sundry creditors
The report can be used to identify the breakup and ageing of the balance outstanding in
sundry creditors and suspense accounts.
51
Category Report Head Report Name
Deposits Reports folder Deposit_Accounts_Product_Wise_Totals_depd
0710
Contents of the Report Details_Account wise deposit amount and
the number of accounts
The report can be used to verify the control totals of deposits as per GLB and reviewing the
number and amount of deposits under various categories .
52
Category Report Head Report Name
Deposits Reports folder Accrued_Interest_GL_codewise_prd_wise_ge
nd0806.txt
Contents of the Report Details_Scheme wise accrued interest on
advances and deposits
The report can be used to verify the control totals of deposits as per GLB on deposits ad
advances.
53
54
Step-1 Open a new excel sheet
Step-2 Go to Data Tab
Step-3 Click on the tab named :From Text”
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
Step:1 Select the data (amount column) to be changed
Step:2 Press CTRL+H
Step:3 Type the existing letter like comma, space(s) in the column named “Find What”
Step-4 And type nothing in the column named “Replace With”
Step-5 Then Press “OK”
71
Identify incorrect ROI, Interest on interest collection flag, Schemes-
Sample report - Sample_Jotting Report.xls
Identify hidden NPAs, Overdue accounts-
Sample report - Sample file.xlsx
72
CA Shilpi Sikka
FCA, B.Com, DISA, DipIFR (UK)
Certified Concurrent Auditor of Banks (ICAI)
Certified Forensic Accountant and Fraud Preventer (ICAI)
M- +91 98990 0649973
