EXPLORINGTHE CBS ENVIRONMENT

EXPLORINGTHE CBS ENVIRONMENT

CA. Kiran KunteB. Com, FCA, DISA, Cert. IFRS, LL.B

CA. Kiran KunteB. Com, FCA, DISA, Cert. IFRS, LL.B

Background:Background:

Sec. 143 (9) of Companies Act 2013: AUDITING STANDARDSSec. 143 (9) of Companies Act 2013: AUDITING STANDARDSSec. 143(12) of Companies Act - 2013: FRAUDSec. 143(12) of Companies Act - 2013: FRAUDSA 315 OF ICAI: Risk AssessmentSA 315 OF ICAI: Risk Assessment

SA 240 OF ICAI: CIS EnvironmentSA 240 OF ICAI: CIS Environment

Amendment to Sec. 194 A of Income Tax Act - Union Budget 2015Amendment to Sec. 194 A of Income Tax Act - Union Budget 2015

CORE BANKING SOLUTIONCORE BANKING SOLUTION

CORE means …CORE means …

Technical DefinitionTechnical Definition

BOD / EODBOD / EOD

SOL, Data Centre, DR SiteSOL, Data Centre, DR Site

Practical DifficultyPractical Difficulty

Auditing with Computer Auditing with Computer

Not possible, CAATNot possible, CAAT

Auditing AROUND the ComputerAuditing AROUND the Computer

CBS Products: FINACLE and BANCCBS Products: FINACLE and BANC

CBS Products: FINACLE and BANCCBS Products: FINACLE and BANC

Some banks using FINACLESome banks using FINACLE

CBS Products: FINACLE and BANCCBS Products: FINACLE and BANC

Some banks using FINACLESome banks using FINACLE

CBS Products: FINACLE and BANCCBS Products: FINACLE and BANC

Some banks using BANCSome banks using BANC

CBS Products: FINACLE and BANCCBS Products: FINACLE and BANC

Some banks using BANCSome banks using BANC

Parameters as a tool of input control:e.g. Cash Credit (garbage in - garbage out)Parameters as a tool of input control:e.g. Cash Credit (garbage in - garbage out)

Parameters as a tool of input control:e.g. Cash Credit (garbage in - garbage out)Parameters as a tool of input control:e.g. Cash Credit (garbage in - garbage out)

Sanctioned limit Sanctioned limit

Margin % Margin %

DP Mode DP Mode

Stock statement frequency Stock statement frequency

Trigger for slippage Trigger for slippage

Interest Rate Interest Rate Continued …Continued …

Parameters as a tool of input control:e.g. Cash Credit (garbage in - garbage out)Parameters as a tool of input control:e.g. Cash Credit (garbage in - garbage out)

Linkage of interest rate to credit rating Linkage of interest rate to credit rating

Linkage to BPLR Linkage to BPLR

Credit rating Credit rating

Incremental rate Incremental rate

Penalty parameters Penalty parameters

Security code Security code Continued …Continued …

Parameters as a tool of input control:e.g. Cash Credit (garbage in - garbage out)Parameters as a tool of input control:e.g. Cash Credit (garbage in - garbage out)

Sector code Sector code

Scheme code Scheme code

CGTSME Flag CGTSME Flag

Parameters as a tool of input control: e.g. Housing LoanParameters as a tool of input control: e.g. Housing Loan

Parameters as a tool of input control: e.g. Housing LoanParameters as a tool of input control: e.g. Housing Loan

Male / Female Male / Female

Basis of Rate Basis of Rate

Moratorium Period Moratorium Period

Parameters as a tool of input control: e.g. Fixed DepositParameters as a tool of input control: e.g. Fixed Deposit

Parameters as a tool of input control: e.g. Fixed DepositParameters as a tool of input control: e.g. Fixed Deposit

Auto Renewal Flag Auto Renewal Flag

TDS Flag TDS Flag

Some useful features of Finacle are …Some useful features of Finacle are …

Menus UTILITY

ACLI Account ledger Inquiry

ACM MASTER Parameters

ACLHM Account Limit History maintenance

INTTM Interest Table master maintenance

Menus UTILITY

ACTI Account turnover Inquiry

ATOR Account turnover report

AINTRPT Interest report for the account

SRM Security Register maintenance

Menus UTILITY

ALM Account Lien maintenance

GI Guarantee enquiry

BI Discounted billsPurchased bills

ISRA Inventory status report activity

Menus UTILITY

IOT Inquiry on transactions. Sundry assets/Suspense/

TDSIP TDS Enquiry report

INTFLRRPT Interest failure report

Menus UTILITY

EXCRPT Exceptional Transactions Report

CTRL + E You can view the second effect of transaction

CTR + D Page down

Menus UTILITY

F3 Back to original

CUMM Customer master

ACINT Interest calculation

ACTODM Account Temporary Overdraft maintenance

Menus UTILITY

LTL Limit tree look up.Report on limit utilisation

BRCR Balancing report on bills sent for collection

DCQRY Report on LC and other documentary credits

Menus UTILITY

AFI

Audit file inquiry.To see changes in data base for non financial transactions like change of status of

a/c from Dormant to active

BANC by TCSBANC by TCS BGL and CGL BGL and CGL

VPIS: Valuable Paper Instrument System VPIS: Valuable Paper Instrument System BGL > Inquire > Account > Account No.

> Transaction Enquiry > Search by Client > Search by CIF > Search by Name

BGL > Inquire > Account > Account No. > Transaction Enquiry > Search by Client > Search by CIF > Search by Name

Exim ModuleExceptional Transactions Report

Exim ModuleExceptional Transactions Report

CasesCases

Migrated Accounts Migrated Accounts

Current Accounts opened as accounts with OD

Current Accounts opened as accounts with OD

Same Borrower - Multiple Id Same Borrower - Multiple Id

Same Depositor - Multiple Id Same Depositor - Multiple Id

BPLR BPLR

InteractionInteraction

Please feel free to share your views.Please feel free to share your views.

My sincerest thanks to you

for sparing your Sunday!My sincerest thanks to you

for sparing your Sunday!