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UK, EMEA MENA Time Zones
CPEs: 24
Instructor: Andrew Jefford
Level: Intermediate
Tuition: £2,495.00
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NEW Writing Better Bank Audit Reports – Practise Workshop IA097

Location: UK, EMEA MENA Time Zones

First Date: Oct 17 - 19 2022

Duration: 3 days

Programme Director: Andrew Jefford

All Dates & Locations
Venue Details

Experience the highly-interactive expert-led social learning through Virtual Classroom via Cisco WebEx from Risk Reward.

All our 2022 Virtual Classroom events feature shared (or discrete) live chat between delegates and the expert, participate in topical surveys, polling questions, group exercises and case studies for a tried -and- true engaging and gratifying learning experience.

Need to bring this course in-house or Face-to-Face? Simply contact us for significant cost savings and dates to meet your specific needs.

"The feed back was fantastic. "
Professional Development and Training Officer, African Development Bank, Abidjian
Agenda Highlights

Session 1: The Audit Report and its Structure

Session 2: The Audience and Communication

Session 3: The Executive Summary

Session 4: The Audit Report Layout

Session 5: Detailed Findings

Session 6: The Future of Audit Reporting

"Very good course. Well presented, thoroughly productive and enjoyable. "
Senior Internal Audit Manager, European Bank, Luxembourg
Overview

In bank internal audit there is currently reliance upon the formal audit report as a key delivery and communications mechanism. As the role of internal audit changes through the development of the Three Lines Model, so audit reporting also needs to change and become of higher quality. Too much good work is let down by poor delivery. In seeking to use one format to deliver findings to all types of audience, the report can easily become voluminous and fail to achieve its objectives.

This  live, Tier 1 Global Bank Senior Internal Auditor -led virtual training course will assist bank internal auditors with improving the style and content of their audit reports.

By working as a group though real-life examples and practical case studies, delegates will be able to consider what works best for them and, through the simulative on-the-job experience style of case studies, learn, develop and action better communication and documentation techniques.

"Thank you for an excellent programme which met and exceeded our needs. "
Training Manager, Dutch Bank, Amsterdam
Who Should Attend

This hands-on practical course is designed for bank internal audit staff and management teams.

Additional Course Information

What Does It Cover?

What is an audit report for?, The changing role of internal audit, The impact on the internal audit report, The audit report and turnaround time, The BIS obligations on bank internal auditors, The overall structure of the audit report, How effective is your audit reporting?, What are your issues at present?, Who are the audience and what do they really?, What are you seeking to achieve?, How do requirements differ between audiences?, Developing integrated tailored reporting, Using annexes, Pull and push, Consider the content for the Audit Committee and Board, Consider the content for the business unit, Consider the content for the regulator,, Strengths and weaknesses for current approach, Would they be the same for all audiences?, Maximum length and intended content, Developing suitable executive summaries, What needs to be in each of the audience’s reports? What is the role of the background?, How can this be integrated to enable efficient production?, What should be at the beginning and what at the end?, Dealing with major and minor issues, Using space effectively and much more.

Learning Objectives

Delegates will gain specialist technical and behavioural knowledge, on-the-job-training style experience in the purpose, value and writing of audit reports, and be enabled to apply learned concepts to workplace applications immediately, including to

• Understand the importance of effective audit communications
• Appreciate the role of the executive summary
• Understand what is important and what is less significant
• Learn how to develop audit findings
• Recognise that there are multiple audiences
• Improve your written work to gain better traction
• Consider the use of annexes

Enjoyable, productive group developed case studies and writing exercises will focus on practical applications, including

Case Studies:  Review the standard documentation structure identify suitable approaches for the structure of the audit report for the three different audiences.

Case Studies:  Review existing executive summaries and develop into a revised format/content.

Case Studies:  Develop suitable detailed style guides for each of the individual audiences.

Case Studies:  Develop improved audit findings from some of the samples already provided.

 

 

 

 

Social Learning & Methods

Highly interactive expert-led intensive presentation, Q&A, group real-time in-depth case studies, regulation and discussion supported by key principles and theory. The virtual learning platform uses safe, industry preferred encrypted Cisco WebEx to optimize live face-to-face visual interaction, discrete chat, for polling and quizzes.

(An invitation via email with access link is included for all participants.)

Registration

NEW Writing Better Bank Audit Reports – Practise Workshop

Course Fee

Summer Sale & Group Discounts available from Aug 31 2022

Course Fee (per person):
GBP £2,495.00 (+ UK VAT when applicable)

Number of delegates:

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Terms and Conditions: You can cancel at any time. Due to the on-going COVID 19 environment cancellations may be made at any time for either a full refund or a credit towards another event occurring within the following 6 month period. Simply email or telephone the London Client Services team at training@riskrewardlimited.com to advise your preference and we will do our best to accommodate your circumstances. Risk Reward Ltd receives the right to a final decision in the event of a dispute.

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