BankersHub is launching a new series of courses in 2019 to help smaller financial institutions develop, manage and measure the effectiveness and compliance associated with their internal audit programs. This audit training and refresher series, entitled “Next General Audit for Financial Institutions” is broken into 3 Levels, each comprised of 2 courses:
Level One: Improving Your Current Program
Part 1 – Internal Audit Quality Assurance and Improvements (Feb 8, 12:00 – 1:00 pm ET)
Part 2 – Co-Sourcing vs. Outsourcing Internal Audit Arrangements (Feb 8, 2:00 – 3:00 pm ET)
Level Two: Risk Management for Auditors
Part 1 – Best Business Practices for Defining Risk in Auditing Financial Institutions (Mar 15, 12:00 – 1:00 pm ET)
Part 2 – Fraud and Ethics – Internal Audit Case Studies (Mar 15, 2:00 – 3:00 pm ET)
Level Three: Audit Program Measurement and Management
Part 1 – Using Data Analytics for Improving Your Internal Audit (Apr 10, 12:00 – 1:00 pm ET)
Part 2 – Building Key Performance Indicators (KPI) Dashboards for Your Audit Committee (Apr 10, 2:00 – 3:00 pm ET)
This Financial Institution Audit Program is designed for both seasoned and new auditors, as well as for others whose jobs require an in-depth understanding of internal audit best practices. Attendees have the option to register for individual webinars, packaged Levels or all six events for maximum savings.
Who Should Attend?
- Internal Auditors and Examiners
- Risk Managers
- Compliance Officers
- Senior Management and Directors
- Financial Officers and Accountants
- Legal Staff
Part 1 – Best Business Practices for Defining Risk in Auditing Banks
Since 2009, regulatory fees have dramatically increased and regulatory consent orders are on the rise. This audit training will focus on best business practices for defining risks in your financial institution.
- What are the real risks in financial institutions?
- What is the consequence of not identifying risks?
- What is a control and what is a risk?
- Listen to the instructor go through how to effectively and efficiently define the risks throughout all business lines throughout your financial institution.
Topics Covered:
- Look at how one department identified 5 major risk categories that most risks statements will fall into
- Helping to identify the “consequence” if the risk is not mitigated.
- Identify the difference between an absence of a control and a risk.
Part 2 – Fraud and Ethics: Internal Audit Case Studies
This session will focus on the fraud theory and triangle. What is the fraud triangle and how should that apply to your internal audit focus? This session will also cover real life fraud examples from on auditor’s career and how ethics played a role in the fraud.
Understand the concept of compliance and its relationship to a healthy ethical culture and legal and regulatory reasons for how you should maintain an effective compliance and ethics program. Also, this webinar will detail how to outline the board’s and management’s responsibilities for the organization’s compliance and ethics program.
Topics Covered:
- Defining the Fraud Triangle and Fraud Theory
- Case studies for identifying fraud
- Understanding how ethics fit into fraud
- Identification of Senior Management and Board of Director’s responsibilities