Internal Audit

Banking Compliance: Roles, Responsibilities and Why It Matters

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banking compliance

What Is Banking Compliance? Banking compliance is the process of ensuring that a bank conducts its business in accordance with applicable laws, regulations, regulatory instructions, internal policies and appropriate standards of conduct. In practical terms, banking compliance involves identifying the requirements that apply to a bank’s activities, establishing appropriate controls and procedures, monitoring whether those … Read more

Banking Internal Controls: A Practical Controls Gap Assessment Framework

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banking internal controls

A practical framework for assessing banking internal controls, identifying control gaps and strengthening exception monitoring, governance, AML/KYC and operational risk controls.

Fraud Detection Tests: Practical Audit Procedures to Identify Suspicious Transactions

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how to detect financial fraud

Learn practical fraud detection tests for purchasing, suppliers, invoices, approvals and payments, and how to investigate suspicious patterns

Fraud Warning Signs: 50+ Red Flags Organizations Should Watch For

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Fraud warning signs and internal controls

Fraud warning signs can help organizations identify unusual activity, control weaknesses and potential areas of fraud risk. Fraud can occur in almost any organization, regardless of its size, industry or financial position. It may involve employees, management, customers, suppliers, contractors or other parties connected with the organization. In many cases, fraud does not begin with … Read more