Build the internal capability for strategic audit reporting rather than depending on external support indefinitely.
Building Strategic Audit Reports for the Bank's Board of Directors
Develop the judgement and the documentation needed to run strategic audit reporting properly.
📍 Tripoli🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
Models supporting strategic audit reporting fail quietly, and usually at the worst moment. Regulators no longer accept intent as evidence of control over this part of financial and banking practice. Practitioner evidence points the same way: the wider financial and banking practice agenda improves fastest where responsibility for it is named and owned. The programme builds the judgement to know which parts of strategic audit reporting to standardise and which to leave flexible. The programme suits teams tackling the practice within financial and banking practice together as readily as individuals attending alone. Teams frequently over-invest in documenting the financial and banking practice capability and under-invest in testing it. The course covers strategic audit reporting at the level of detail needed to act, and stops there. The programme uses small-group work so that each participant's treatment of this aspect of financial and banking practice is examined, not just described. It closes by agreeing the smallest change to the wider financial and banking practice agenda that would make a visible difference.
Expected Learning Outcomes
Design the reporting on strategic audit reporting that reaches decision makers in time to act.
Build the control framework around strategic audit reporting that an examiner would accept.
Define the scope and boundaries of strategic audit reporting so that responsibility for it is unambiguous.
Define the risk appetite applying to strategic audit reporting and translate it into operating limits.
Assess the concentration risk building up inside strategic audit reporting.
Compare the organisation's handling of strategic audit reporting with recognised practice, and close the material gaps.
Who Should Attend
Quality staff verifying that strategic audit reporting performs as designed.
Board risk committee members overseeing strategic audit reporting.
Compliance officers overseeing strategic audit reporting.
Operations staff executing and settling strategic audit reporting.
Internal auditors reviewing how strategic audit reporting is designed and operated.
Finance managers reporting on strategic audit reporting.
Course Modules
Strategic audit reporting: the control framework and segregation of duties
2 sessions · 8 pointsSession 1The early warning on strategic audit reporting that arrives in time
- Prepare the response for the most likely failure in strategic audit reporting.
- Document the remediation plan for each known weakness in strategic audit reporting.
- Remove steps in strategic audit reporting that add effort without adding assurance.
- Prepare the evidence pack demonstrating strategic audit reporting operated as designed.
Session 2What strategic audit reporting does to capital and liquidity under stress
- Map the handovers in strategic audit reporting between functions and secure them.
- Confirm segregation of duties across initiation, approval and settlement of strategic audit reporting.
- Review concentration by counterparty, sector and geography inside strategic audit reporting.
- Draft the minimum viable control framework for strategic audit reporting.
Strategic audit reporting: exceptions, breaches and remediation
2 sessions · 8 pointsSession 1Keeping strategic audit reporting alive after the initial push
- List the assumptions in any model supporting strategic audit reporting and when each was last challenged.
- State the risk appetite for strategic audit reporting as a number, not an adjective.
- Check the accounting treatment applied to strategic audit reporting against current standards.
- Establish the boundary of strategic audit reporting and record what sits outside it.
Session 2The decisions in strategic audit reporting that cannot be delegated
- Agree who signs off strategic audit reporting and record that they did.
- Identify the data already collected that bears on strategic audit reporting.
- Translate the appetite for strategic audit reporting into limits someone monitors daily.
- Review whether strategic audit reporting is aligned with the objectives of the business line.
Strategic audit reporting: regulatory obligation and supervisory expectation
2 sessions · 8 pointsSession 1Handling a breach of policy on strategic audit reporting properly
- Confirm client due diligence standards applied to strategic audit reporting are current.
- Plan the sequence in which improvements to strategic audit reporting will be introduced.
- Identify the key controls over strategic audit reporting and who tests them.
- Agree the smallest change to strategic audit reporting that would be visibly useful.
Session 2What a supervisor will ask about strategic audit reporting, and in what order
- Identify where judgement in strategic audit reporting is legitimate and where it is not.
- Set early warning indicators for strategic audit reporting with defined action thresholds.
- Confirm regulatory reporting on strategic audit reporting is complete, timely and reconciled.
- Identify single points of dependency in strategic audit reporting and reduce them.
Strategic audit reporting: stress testing and scenario analysis
2 sessions · 8 pointsSession 1Reviewing strategic audit reporting when nothing has gone wrong
- Name a single owner for each element of strategic audit reporting.
- Test strategic audit reporting against a scenario the organisation would rather not model.
- Confirm reporting on strategic audit reporting reaches the committee that can act on it.
- Check that records of strategic audit reporting answer the questions likely to be asked.
Session 2The control on strategic audit reporting that looks strong and is not
- Establish who is informed, consulted and accountable in strategic audit reporting.
- Assess the capital consumed by strategic audit reporting under current and stressed conditions.
- Benchmark the organisation's strategic audit reporting against comparable operations.
- Assign responsibility for keeping documentation of strategic audit reporting current.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Gold Package
At least 3 people
USD1,850
- 5-night stay in a 5-star hotel
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Complete your registration
We will contact you within one business day to confirm.