2015/2016 Audit Cycles
For internal audit in financial services
Internal audit departments in the financial services sector continue to operate against a backdrop of heightened regulatory scrutiny, emerging best practices and increasing stakeholder expectations. We do not expect these challenges to ease in 2015/2016.
As functions develop their plans for the coming year, many of the headline priority areas will be familiar. However, beneath these headlines there are a number of new areas of focus. Many of these are driven by the development of new strategies and business models in response to increased economic confidence, shifting regulatory priorities, and the need for audit functions to build on previous approaches to topics such as governance and culture.
Key areas explored in this publication include:
- Business leadership
- Risk Management
- Regulatory matters
- Capital and liquidity
- Accounting and Tax