The audit trail behind loan rescheduling strategy matters as much as the decision itself. Regulators no longer accept intent as evidence of control over the practice within financial and banking practice. It is designed for mixed groups, so that the wider financial and banking practice agenda is examined from more than one functional angle. Participants test their assumptions about loan rescheduling strategy against scenarios designed to break weak ones. Teams frequently over-invest in documenting this strand of financial and banking practice and under-invest in testing it. The programme builds the judgement to know which parts of the financial and banking practice discipline to standardise and which to leave flexible. Applied research in financial and banking practice consistently shows that early structure around loan rescheduling strategy reduces downstream rework. The course covers this part of financial and banking practice at the level of detail needed to act, and stops there. The programme ends where implementation begins, with the financial and banking practice discipline broken into steps someone can start on Monday.
Expected Learning Outcomes
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Apply the relevant accounting and disclosure treatment to loan rescheduling strategy.
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Sequence improvements to loan rescheduling strategy so that each step makes the next one easier.
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Document decisions about loan rescheduling strategy in a form that remains useful after the people change.
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Set acceptance criteria for loan rescheduling strategy before work begins rather than after.
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Stress test loan rescheduling strategy against scenarios that are plausible rather than comfortable.
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Build the audit evidence that demonstrates loan rescheduling strategy operated as designed.
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Document the approval chain for exceptions to policy on loan rescheduling strategy.
Who Should Attend
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Internal auditors reviewing the controls around loan rescheduling strategy.
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Specialists advising senior management on loan rescheduling strategy.
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Risk managers responsible for loan rescheduling strategy.
