Do you know your limits?
In this paper, we present our perspectives on an emerging consensus regarding what constitutes an effective risk appetite framework.
Financial Services Internal Audit: Hot Topics
Looking ahead for 2014
The role of internal auditors in the financial services sector remains under scrutiny. Internal Audit is expected to be highly influential and visible in providing value to their organisations. This year, a number of emerging topics have taken centre stage for the financial services industry. Internal audit functions will need to have considered their approach to these matters and to demonstrate coverage of a number of sensitive and sometimes ambiguous topics.
In this paper, we explore the key topics that internal audit functions should be covering in their audit universe for 2014:
- Business leadership
- Risk management
- Regulatory matters
- Capital and liquidity
- Accounting and tax
Financial Services Internal Audit
As internal controls and risk management continue to make headlines for the financial services industry, demands being placed on Internal Audit functions have never been greater. Our mission is to help Internal Audit departments to provide independent, valuable and timely assurance over the effectiveness of governance, risk management and internal controls. We use the extensive in-depth knowledge of our global financial services expertise to Internal Audit teams, and with this knowledge provide valuable insight through our topical publications.