The Institute of Cost Accountants of India announces 2 days seminar on Risk Based Internal Audit of Banks on 26th – 27 th April, 2012 at Hyderabad to provide training on Risk Based Internal Auditing (RBIA) to the concurrent auditors of banks/ bankers inline with the guidance note on (RBIA) released by the RBI. The seminar is aimed at training the auditors/bankers on designing their audit approach in a manner so as to mitigate risks and devising strategies and procedures for effective risk management and well defined internal control systems.
RISK BASED INTERNAL AUDITING (RBIA) IN INDIA
With the spree of rapid expansion of financial markets and the evolution of various financial instruments and markets from time to time have made the financial markets of the world more complex and highly risk prone. Banks play a major role in guarding the financial resources of a country and hence their role in monitoring and mitigating risks and providing assurance on the well-being of the financial systems has almost become a mandate. For this it is essential to have in place effective risk management and internal control systems, which are crucial to the conduct of banking business not only to lead the bank more profitably but also in compliance of prudential guidelines, for which a professional approach in risk management is called for. In light of the above fact the Reserve Bank of India RBI in the year 2002 released a Guidance Note on Risk Based Internal Auditing of Banks.
The guidance note on RBIA issued by the RBI deals with the broad contours of the risk based approach towards audit.
Risk Based Internal Auditing is an audit approach designed to provide assurance that the business is appropriately mitigating significant risks to the achievement of objectives.
Seminar Coverage
¢ Risk Based Internal Audit
¢ Role of Auditors
¢ Risk Assessment
¢ Suggestive Risk Models
¢ Internal control Mechanisms
¢ Concurrent Audit
¢ Role of Cost Accountants in Risk based Internal Audit
For Whom
Senior and Middle Level Managers/ Executives /Auditors of Banks.
Faculty
Eminent experts and professionals will be dealing with the subjects.
Participation Fee
Rs. 6,000/- (plus Service Tax of 10.3%) for Bank Officers and other interested professionals.
The Cheque / DD to be sent along with nominations in favour of The Institute of Cost and Works of Accountants of India payable at New Delhi.
Details of ECS Payment: State Bank of India, Lodhi Road Branch, New Delhi-110003
Registration Procedure
Nominations can be sent –
– By E-mail followed by Payment through Post/Courier alongwith the Registration Form.
– By Post/Courier/Speed Post/By Hand alongwith the Registration Form and the Payment.
For the Registration Form click : Registration Form_RBIA
