The seminar Bank Accounting for Internal Auditors is organized as an open seminar for employees from different institutions and also as an in-house seminar organized for employees of clients with tailor made requirements.
The seminar provides a practical foundation for understanding accounting and financial statements, with a focus on the specific features of bank accounting. During the seminar, key concepts and broader interrelationships are introduced, such as loan loss allowances under IFRS 9, capital adequacy, and issues related to CVA and DVA. The seminar also includes practical examples of corporate and bank financial statements, with an emphasis on their correct interpretation and their connection to the banking business. A simple rule applies: “Know your client, and you will also get to know your own bank better.”
Attention will also be paid to the most common reasons for incorrect accounting treatment and to risk areas on which an auditor should focus – in particular, impairment allowances, the valuation of assets and derivatives, hedge accounting, asset classification, off-balance-sheet items, deferred tax, and goodwill impairment.
The seminar is intended primarily for internal auditors and employees of banks’ finance and accounting departments who, in the course of their work, come into contact with accounting information, financial statements, or their evaluation.
It is suitable both for participants without in-depth prior knowledge of accounting and for those who wish to gain a better understanding of the broader and deeper interrelationships within the banking environment.
PART 1: General Principles
PART 2: Specific Features of Bank Accounting
PART 3: Controversial Practices and Accounting Manipulation
Currently there is no open seminar scheduled. If you are interested in this topic please contact us and we will be delighted to prepare an in-house seminar for you.