Updated Chartered IIA code for effective internal audit in financial services
Issues raised by respondents to the consultation paper, and the rationale for the recommendations included in the final guidance.
Understand the key requirements for the senior management function 5 role undertaken by the head of internal audit.
Plan and execute, or oversee an internal audit of interest rate risk management
To provide members with guidance on the best practice criteria to be employed by an audit committee in assessing how effective the internal audit function is and the extent to which remedial action ...
Understand the key risks around new products and services.
Understand the holistic term ‘operational resilience’ and the key points to consider when undertaking an internal audit review.
How to test the outcomes, rather than outputs, of processes.
This report outlines examples of good practice in the governance, tasking and carrying out of internal audit, drawing on emerging experiences in the financial services sector.
How is the IIA financial services code being implemented? A progress report with results of our survey including interviews with heads of internal audit.
