Description

This course is designed to help banks’ directors and managers to build, manage, monitor and evaluate the performance of their functions and processes to ensure that they meet the strategic and operational targets of their banks. The globalization process, complexity of banking transactions and the increase in fraudulent activities have recently sharpened the ever-increasing attention on internal control systems in banking sector. This course aims to enable candidates to learn and understand the nature and importance of Internal Controls within banking organization.

Program

MBA

Objectives

• Upon completion of this course, students should: • Define the internal control characteristics in understandable terms. • Introduce the components that should be considered in building internal control systems in banks. • Describe the principles, frameworks and approaches that gauge internal control in banks. • Define the methods and procedures for building, monitoring, and assessing control in banks. • Identify the exposures to risk that an organization faces with respect to assets and data in banking sector. • Discuss the control problems caused by computerization of systems in banking sector. • Discuss how to bring improvement in internal control systems in banking sector.