Description

This course is designed to cover the internal audit function that provides independent, objective assurance and consulting activity designed to add value and improve a bank's operations. Internal audit helps a bank to accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. Thus, the main aim of this course is to understand internal auditing function in banking sector. Also, the relationships between corporate governance, internal control system, and internal audit function in banking sector.

Program

MBA

Objectives

• The objective of this course is to help students to develop the knowledge base and skill sets needed and improve their understanding of the internal audit function and the role of internal auditors in banks. Upon completion of this course, students should: • Comprehend banks internal audit fundamentals. • Have the knowledge of audit planning in banks. • Gain a thorough understanding of modern internal audit. • Learn the purpose and objectives of audits with their respect to external versus internal audits. • Understand the professional standards for internal auditing.