Internal Auditing in the Banking Industry
Master Internal Auditing in the Banking Industry – Enhance Your Career
Are you ready to refine your skills and earn valuable CPE credits? Join our in-person training event focused on internal auditing in the banking industry. Designed for auditors and finance professionals, this course provides a comprehensive understanding of regulatory compliance, risk management, and fraud detection specifically within banks and credit unions. Whether you’re starting out or looking to build advanced expertise, this CPE seminar delivers the tools needed to thrive in today’s complex financial landscape.
Why Choose This CPE Training Program?
Complete this interactive, two-day seminar to earn 12 Continuing Professional Education (CPE) credits. A certificate of completion will be provided, demonstrating your advanced knowledge in banking audit practices.
Expert-Led, Actionable Learning
Led by seasoned instructors with years of experience in banking audits, each session is filled with real-world scenarios, case studies, and insights to help you apply best practices immediately at your workplace.
Tailored for the Financial Industry
This program is perfect for internal auditors, compliance officers, and financial professionals aiming to enhance their expertise in risk oversight, internal control systems, and regulatory auditing.
Event Schedule
This two-day course runs from 9 a.m. to 3 p.m. (Central Time) on both days, with a lunch break from 12 to 12:30 p.m. The program is delivered live on-site, recreating a hands-on classroom experience tailored to your professional needs.
- Day 1: Focus on regulatory compliance, auditing standards, and risk management.
- Day 2: Audit planning techniques, fraud prevention, and emerging industry trends.
Who Should Attend?
This CPE training seminar is ideal for professionals working in or interested in the financial services industry, including:
- Internal Auditors
- Risk Managers
- Compliance Officers
- Finance Professionals
- Banking Regulators
Whether you’re looking to strengthen foundational knowledge, polish professional skills, or stay updated on emerging trends, this course is designed to maximize your potential.
Why the Banking Industry Needs Strong Internal Auditors
Banking is one of the most highly regulated sectors globally, and robust internal auditing functions are critical to maintaining compliance and mitigating risks. From preventing fraud to ensuring adherence to complex guidelines, skilled internal auditors play a key role in safeguarding financial institutions against operational and reputational damage.
This training program equips you to confidently address these challenges while aligning with strategic business goals.
Enroll Now
Don’t miss this opportunity to gain practical skills, enhance your knowledge, and earn CPE credits while learning from industry experts. Reserve your seat for this comprehensive internal auditing seminar and get one step closer to becoming a leader in financial compliance and risk management.
Details on Event Presentation
Offered on Wednesday-Thursday once every eight weeks in two six hour sessions for 12 CPE credits.
The sessions will run from 9:00 a.m. to 3:00 p.m. Central Time Zone.
There will be a lunch break from 12:00 noon to 12:30 p.m. each day.
We can schedule private courses on internal audit on your timetable for two or more attendees.
NASBA Program Disclosure
Program Level of Understanding: Intermediate
Prerequisites: Internal Audit 101 and/or Internal Audit 201
Advance Preparation: None
Delivery Format: On-site Training (Group-Live); Seminar (Group-Live)
NASBA Field(s) of Study: Auditing
CPE Credits: 12, based on 50 minutes of instruction per hour
CPE Event Highlights
This CPE training event is an excellent opportunity for internal audit professionals in the financial industry to earn CPE credits while expanding their knowledge and skills. The training event offers up to 12 CPE credits.
Internal auditors in the banking industry need to build a strong background in accounting, finance, and banking operations. Their audit work is focused on risk management, compliance and regulatory requirements, and internal control systems.
The training event covers a wide range of topics, including the regulatory environment, auditing standards, risk assessment, audit planning and execution, fraud detection and prevention, and emerging trends and best practices. The sessions are led by experienced banking industry professionals and provide real-world examples to illustrate key concepts.
Overall, the CPE training event is an excellent opportunity for professionals in the financial industry to earn CPE credits while expanding their knowledge and skills in internal auditing practices within the banking industry.
CCS is your special source for internal audit course and IT audit training both in-person and via webinars.
Learning Objectives
Improve the effectiveness of attendees by:
- Building a comprehensive understanding the banking industry and the role of internal audit within it.
- Understanding an overview the purpose and scope of internal auditing in financial institutions.
- Reviewing the functional areas with an banking entity operations.
- Overviewing the current compliance and regulatory issues
- Expanding the attendee's knowledge of risk assessment and internal control systems within the banking industry
- Enhancing the use of effective communication skills and the professionalism of the attendee.
Key Issues on the Agenda
What Will You Learn?
This course provides a step-by-step guide to auditing in banking, highlighting the core areas critical for a successful internal audit function. Here’s a breakdown of the key topics covered during the event:
Course Overview
1. Understanding Internal Auditing in Banking
- Importance of internal auditing in financial institutions
- Key objectives and audit types for the banking industry
- Differences between internal and external auditing
2. Regulatory Compliance and Standards
- Overview of key regulatory bodies (Federal Reserve, FDIC, OCC, NCAU)
- Core compliance requirements unique to financial institutions
- Standards from the Institute of Internal Auditors (IIA) and FFIEC
3. Risk Assessment Essentials
- Techniques for identifying, assessing, and managing risks
- Practical strategies for implementing risk response plans
- Strengthening internal controls to mitigate financial risks
4. Audit Planning and Execution
- Design effective audit scopes and procedures
- Tools for audit report writing and delivering actionable insights
- Building comprehensive action plans based on audit findings
5. Fraud Detection and Prevention
- Techniques to assess fraud vulnerabilities in the financial sector
- Common types of fraud in banking
- Preventative frameworks and real-time detection strategies
6. Emerging Trends and Best Practices
- Leveraging data analytics in internal audits
- Keeping up with industry innovations to enhance banking integrity
- Benchmarking against best practices for optimized processes
Summary of the Subject Matter
This CPE training event is designed to provide participants with a comprehensive overview of internal auditing practices within the banking industry. The training event covers a wide range of topics, including the regulatory environment, auditing standards, risk assessment, audit planning and execution, fraud detection and prevention, and emerging trends and best practices.
Participants will learn about the role of internal auditing in the banking industry, its importance, and its objectives. They will also learn about the regulatory environment within which banks operate, including the roles of regulatory bodies such as the Federal Reserve, OCC, NACU and FDIC.
The training event will cover auditing standards that apply to the banking industry, including those established by the Institute of Internal Auditors (IIA) and the FFIEC. Participants will also learn about the risk assessment process used in internal auditing, including risk identification, risk assessment, and risk response.
The training event will cover the steps involved in audit planning and execution, including audit scope, audit objectives, audit procedures, and audit reporting. Participants will also learn about the importance of fraud detection and prevention within the banking industry, and the role of internal audit in this process.
Finally, the training event will cover emerging trends in internal auditing, including the use of data analytics, and best practices for improving internal auditing processes.
Overall, the CPE training event provides a comprehensive overview of internal auditing practices within the banking industry. It is designed to equip participants with practical knowledge and skills that can be immediately applied to their work.