III.5 Internal Audit - Asociación de Supervisores Bancarios de las Américas https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/auditoria-interna?format=html Fri, 28 Feb 2014 19:36:12 +0000 en-GB hourly 1 Guidance on External Audits of Banks https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/auditoria-interna/626-bcbs280?format=html Guidance on External Audits of Banks The recent financial crisis not only revealed weaknesses in risk management, control and governance processes at banks, but also highlighted the need to improve the quality of external audits of banks. External auditors of banks can play an important role in contributing to financial stability when they deliver quality bank audits which foster market confidence in banks’ financial statements. Quality bank audits are also a valuable input in the supervisory process. The Basel Committee on Banking Supervision (the Committee, or BCBS) is issuing this document on external audits of banks to improve external audit quality of banks and enhance the effectiveness of prudential supervision, which contribute to financial stability. This document replaces the documents The relationship between banking supervisors and banks’ external auditors (January 2002)1 and External audit quality and banking supervision (December 2008).

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/auditoria-interna/626-bcbs280?format=html The recent financial crisis not only revealed weaknesses in risk management, control and governance processes at banks, but also highlighted the need to improve the quality of external audits of banks. External auditors of banks can play an important role in contributing to financial stability when they deliver quality bank audits which foster market confidence in banks’ financial statements. Quality bank audits are also a valuable input in the supervisory process. The Basel Committee on Banking Supervision (the Committee, or BCBS) is issuing this document on external audits of banks to improve external audit quality of banks and enhance the effectiveness of prudential supervision, which contribute to financial stability. This document replaces the documents The relationship between banking supervisors and banks’ external auditors (January 2002)1 and External audit quality and banking supervision (December 2008).

]]> (Anonymous) III.5 Internal Audit Fri, 28 Feb 2014 19:36:12 +0000 The Internal Audit Function in Banks https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/auditoria-interna/625-bcbs223-1?format=html The Internal Audit Function in Banks The Basel Committee on Banking Supervision (the Committee) is issuing this revised supervisory guidance for assessing the effectiveness of the internal audit function in banks, which forms part of the Committee’s ongoing efforts to address bank supervisory issues and enhance supervision through guidance that encourages sound practices within banks. The document replaces the 2001 document Internal audit in banks and the supervisor’s relationship with auditors. It takes into account developments in supervisory practices and in banking organisations and incorporates lessons drawn from the recent financial crisis. 

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/auditoria-interna/625-bcbs223-1?format=html The Basel Committee on Banking Supervision (the Committee) is issuing this revised supervisory guidance for assessing the effectiveness of the internal audit function in banks, which forms part of the Committee’s ongoing efforts to address bank supervisory issues and enhance supervision through guidance that encourages sound practices within banks. The document replaces the 2001 document Internal audit in banks and the supervisor’s relationship with auditors. It takes into account developments in supervisory practices and in banking organisations and incorporates lessons drawn from the recent financial crisis. 

]]> (Anonymous) III.5 Internal Audit Sat, 30 Jun 2012 10:34:49 +0000 External audit quality and banking supervision https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/auditoria-interna/121-ca09?format=html External audit quality and banking supervision In recent years, there has been a change in banking supervisors’ reliance on audited information and in the nature of the major external audit firms. Concerns about the risk of audit failures, the global expansion of the major audit firms, increased complexity of both accounting standards and financial instruments, and the challenges associated with fair value estimation processes, which have been amplified by the current market crisis, have reinforced bank supervisors’ need to be confident of audit quality. This paper describes the Basel Committee on Banking Supervision’s (the Committee) understanding of these circumstances and steps it intends to take regarding key findings.  

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/auditoria-interna/121-ca09?format=html In recent years, there has been a change in banking supervisors’ reliance on audited information and in the nature of the major external audit firms. Concerns about the risk of audit failures, the global expansion of the major audit firms, increased complexity of both accounting standards and financial instruments, and the challenges associated with fair value estimation processes, which have been amplified by the current market crisis, have reinforced bank supervisors’ need to be confident of audit quality. This paper describes the Basel Committee on Banking Supervision’s (the Committee) understanding of these circumstances and steps it intends to take regarding key findings.  

]]> (Anonymous) III.5 Internal Audit Sun, 30 Nov 2008 14:40:52 +0000 La relación entre los supervisores bancarios y los auditores externos de los bancos https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/auditoria-interna/117-ca05?format=html La relación entre los supervisores bancarios y los auditores externos de los bancos Este documento ha sido preparado en asociación con el Comité de Prácticas Internacionales de Auditoría (IAPC, por sus siglas en Inglés) de la Federación Internacional de Auditores, y ha sido aprobado para publicación por el Comité de Basilea y por IAPC.

(Text in Spanish) 

]]> https://asbaweb.net/en/bibl/aspects-related-to-prudential-management-and-direction/auditoria-interna/117-ca05?format=html Este documento ha sido preparado en asociación con el Comité de Prácticas Internacionales de Auditoría (IAPC, por sus siglas en Inglés) de la Federación Internacional de Auditores, y ha sido aprobado para publicación por el Comité de Basilea y por IAPC.

(Text in Spanish) 

]]> (Anonymous) III.5 Internal Audit Mon, 31 Dec 2001 05:58:35 +0000