Al-Arafah Islami Bank PLC has recently undergone several internal and external audit assessments on transparency of banking activities, risk management, efficient human resource management and quality of financial reporting, said a press release...
The Bangladesh Bank has decided to run special audits on nine banks through a taskforce to find out deep-rooted problems of these banks and solve those accordingly, said BB governor Ahsan H Mansur on Monday...
Experts on Thursday said that most audits in the country were still done using paper documents and manual processes, and highlighted that the focus remained on traditional testing methods rather than modern and risk-based approaches...