Internal Control and Audits in Banks
Financial services professionals, consultants, and sales professionals interested in providing or selling products and services to fund managers, insurance companies, and banks, and everyone interested in knowing about banking supervision and anti-money laundering regulations
Please contact us for information about prerequisites.
Internal controls and strong corporate governance lead to effective and efficient bank operations in which risks are properly managed and depositors’ assets are safeguarded. These best practices ensure that stakeholders can put their trust in the financial system. The banking crisis and rapid growth of the banking industry at the beginning of the 21st century created the need for banks to develop strong internal controls and establish good corporate governance. Banks must be audited, both internally and externally, to assess the state of internal controls and corporate governance and address any identified weaknesses.
This course introduces internal control processes and internal and external auditing of banks within the prescribed framework of published guidelines by the Basel Committee on Banking Supervision.
Internal Control Process