Auditing is one of the relatively important personnel positions within banking organizations. If you are wondering what is internal banking audit ? What are the tasks of internal banking audit? The following article by MISA MeInvoice will help you answer these questions.
Note: Before learning about internal bank audit, you can learn about the information you need to
know about auditing in the article below
What is internal accounting? What does an internal accountant do?
Table of Contents Hide
1. What is internal bank audit?
2. Work and tasks of internal audit of banks
3. What skills are required for internal bank audit?
4. What is the salary of a bank internal auditor?
Conclusion
1. What is internal bank audit?
internal audit in banking
Internal auditors are the personnel responsible for israel telegram data performing consulting work to check information and manage the operating systems of a business. They will use their expertise to ensure that the business’s operations always take place accurately and most effectively during the development process.
From there we can simply understand that
bank auditors are those who perform acts and accounts from each site tasks related to internal auditing, management, and risk control in banks.
2. Work and tasks of internal audit of banks
Responsibilities and duties of a bank internal auditor include:
– Carry out control over all activities and tasks related to internal china data audit of the bank. These activities and tasks may include: risk management, business performance management, production performance management, determining the level of reliability in financial aspects.
– Ensure that the internal control process of the bank complies with the correct procedures and legal regulations.
– Collect, evaluate and analyze accounting documents, audit documents, financial reports and related documents of the bank.
– Prepare internal audit related reports on weekly, monthly, quarterly basis as required and present
audit reports in necessary meetings.
– Ensure the audit process is performed independently, fairly and objectively.
– Research and identify outstanding issues of the bank during its operations to propose solutions.
– Regularly monitor and supervise departments on audit reports, make recommendations when necessary.
– Participate in developing bank auditing standards and criteria such as: auditing procedures, auditing forms.
– Participate in activities to evaluate the company’s resources and human resources.
3. What skills are required for internal bank audit?
Professional criteria required for internal audit of banks
– Graduated from related majors: auditing, accounting, finance and banking, etc. with university degree or higher.
– Understand knowledge related to auditing and accounting laws.
– Use tools, office informatics, software for auditing and accounting activities proficiently.
– Possess audit-related certificates issued by the Ministry of Finance.
Soft skills required for internal bank audit:
– Sensitive to numbers, possessing the ability to think, analyze and grasp problems well.