When:	Dublin - Tuesday 24th August, 9.00am to 1.00pm
Venue:	Central DUBLIN City Venue
Cost:	Cost: €380 (No VAT)
CPD allowance:	Formal and Informal CPD:  max 4 hours (subject to your professional body's rules)   Institute of Bankers: LCOI - 3.5 formal hours CeB - 3.5 formal hours
Make a BOOKING:	Terms & Conditions and Cancellation Policy - Please Read Privacy Statement - Please Read   TO BOOK THIS COURSE AND PAY BY CREDIT CARD CLICK BUTTON BELOW.       To make a payment by wire transfer please make your booking via BOOKINGS@COMPLIANCEIRELAND.COM including the course name, course date, your name and contact details (including telephone number). You will receive an automatic response. Thereafter we will email you with wire transfer and other payment details.

 

 

“The Financial Regulator views internal audit as being an integral part of the ongoing monitoring of an undertaking’s system of internal controls and of its internal capital assessment procedure, because internal audit provides an independent assessment of the adequacy of, and compliance with, the undertaking’s established policies and procedures. The role of the internal audit function is to assist senior management and the Board of Directors in the efficient and effective discharge of their responsibilities” Financial Regulator, Corporate Governance, December 2007

 

• "This course will assist us in setting up fully our quality audit department … and the handouts have great relevant information" (Insurance Company - Establishing Internal Audit Function attendee)

 

• "This course will be a great help in expanding our audit function. Was very well presented" (Insurance Company - Establishing Internal Audit Function attendee)

 

Read more testimonials here

AIMS

This new half day course provides an introduction to the work of the internal audit function, setting out the role and place of the function in the regulated financial and insurance services business.

 

BENEFITS

The course will look at:

• The role of the internal audit function in the firm’s governance mechanisms
• The distinction between internal audit and external audit
• Setting terms of reference for the internal audit function
• The relationship between internal audit and supervisory authorities
• Outsourcing the internal audit function
• Integrating the work of internal audit, compliance and risk management functions for maximum effectiveness

 

 

 

 

 

The course will examine:

Principles underlying a sound, capable internal audit function, across various Directives including MiFID, Solvency II and Reinsurance Independence, Objectivity and Impartiality, Authority, Access, Reporting, Remuneration, Resources, Scope, Key Findings, New Products, Competence

Working methods and types of audits Risk focus and audit plan The audit process from plan to report Procedures Managing the internal audit department Performance assessment metrics and the balanced scorecard

 

An effective and well structure internal audit function is not just imperative, but is a regulatory requirement, under Irish (and overseas) banking, MiFID and insurance regulatory systems.  The current banking and investment scandals both in Ireland and abroad make this course a must for senior management and internal auditors.

 

WHO SHOULD ATTEND

• Executive and Non-Executive Directors
• Members of Risk & Audit Committees
• Heads of Internal Audit
• Heads of Risk
• Heads of Compliance
• MLROs
• Operational Management

 

Scroll back to top of page for details of how to book and pay and CPD points.

 

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Download Training Programme:

• Republic of Ireland Training Programme (PDF)

 

CPD Credits & Points - click here

 

Read attendees' testimonials - click here.

 

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