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Introduction to Internal Audit,Webinar
February 6 @ 10:00 am - 12:00 pm CST
Understand the Changing Role of Internal Audit, How To Effectively Establish a Risk-based Internal Audit Function, and Gain Knowledge of Internal Controls
The issues that continue to impact a Bank’s internal audit function are significant, including Committee of Sponsoring Organizations and Institute of Internal Auditors professional practice expectations. In addition, the banking business continues to become more complex due to changing technology, new and evolving regulation, and a wider range of products and services. As a result, the role of the internal auditor is changing and expectations of internal audit by bank examiners, external auditors, management, and stakeholders are increasing. This program will discuss the changing role of internal audit and how internal audit may add value in today’s complex banking environment. Additionally, the program will identify and define internal controls and as a result of not having effective controls, what could go wrong? Further, developing a risk-based internal audit approach allows internal audit to most effectively audit the increasing risks faced by banks today. Hands-on exercises will be provided for attendees to apply the concepts presented.