IIA Foundations of Internal Auditing in Financial Services Firms

Financial services organizations operate in a challenging environment due to the heightened complexity of the regulatory landscape, cyber threats, proliferation of innovative products, multichannel customer interaction, and other conditions. Without appropriate guidance, training, and education, the financial services industry may be challenged to find enough competent internal auditors to fulfill the responsibilities and deal with risks across this unique landscape.

This course from the Institute of Internal Auditors (IIA) informs and educates internal auditors who may be new to the financial services industry about the regulatory environment in which these organizations operate. It also provides an overview of engagement planning, fieldwork, and outcomes in how managing an internal audit activity within the financial services industry differs from other industries in terms of regulatory interaction, governance, and risks.