The document discusses the role and responsibilities of internal audit in banks. It begins by defining internal audit and explaining its importance in ensuring governance and oversight. It then describes the various types of audits performed by internal audit such as financial, operational, and compliance audits. The document outlines the key steps in the internal audit process from planning to reporting and follow up. It emphasizes the importance of risk assessment, adherence to professional standards and tools like data analytics. It concludes by highlighting the role of internal audit in detecting fraud and emerging risks to help banks operate effectively.

1. Bank Internal Audit

2. Introduction
• Define bank internal audit
• Explain the importance of bank internal audit

3. The role of bank internal audit
• Describe the responsibilities of bank internal audit
• Explain how internal audit fits into the overall governance structure of
the bank

4. Types of audits performed by bank internal audit
• List the different types of audits performed by internal audit (e.g.,
financial audits, operational audits, compliance audits, etc.)
• Describe the scope and objectives of each type of audit

5. Internal audit process
• Explain the steps involved in the internal audit process
• Provide an overview of each step, including planning, fieldwork, reporting,
and follow-up

6. Risk assessment
• Describe the importance of risk assessment in the internal audit process
• Explain how internal audit assesses and prioritizes risks

7. Audit planning
• Explain how internal audit plans each audit engagement
• Describe the key elements of an audit plan

8. Audit fieldwork
• Explain how internal audit plans each audit engagement
• Describe the key elements of an audit plan

9. Audit reporting
• Describe the components of an audit report
• Explain how audit findings are communicated to management

10. Follow-up and monitoring
• Explain the importance of follow-up and monitoring in the internal audit
process
• Describe the process of tracking and reporting on management’s corrective
actions

11. Quality assurance and improvement program
• Explain the importance of a quality assurance and improvement
program for internal audit
• Describe the key components of such a program

12. Regulatory requirements
• Explain the regulatory requirements for internal audit in the banking
industry
• Describe the role of regulatory bodies in overseeing internal audit

13. Internal control framework
• Describe the internal control framework used by the bank
• Explain how internal audit assesses the effectiveness of internal controls

14. Risk management
• Describe the bank’s risk management framework
• Explain how internal audit assesses the effectiveness of the risk
management framework

15. Fraud detection and prevention
• Explain the role of internal audit in detecting and preventing fraud
• Describe the techniques used to identify and investigate potential fraud

16. Continuous monitoring
• Explain the importance of continuous monitoring in the internal audit
process
• Describe the tools and techniques used for continuous monitoring

17. Technology and automation
• Explain the role of technology and automation in the internal audit
process
• Describe the tools and techniques used for technology and automation

18. Professional standards and ethics
• Describe the professional standards and ethics expected of internal
auditors
• Explain the importance of adhering to these standards and ethics

19. Skills and competencies
• Describe the skills and competencies required of internal auditors
• Explain how internal audit develops and maintains these skills and
competencies

20. Audit committee
• Explain the role of the audit committee in overseeing internal audit
• Describe the relationship between internal audit and the audit
committee

21. Internal audit in a global context
• Describe the challenges and opportunities of internal audit in a global
context
• Explain how internal audit adapts to different regulatory environments
and cultural contexts

22. Case study 1
• Present a case study of a successful internal audit engagement
• Describe the objectives, scope, and outcomes of the engagement

23. Case study 1 (continued)
• Describe the key findings and recommendations from the engagement
• Explain how management responded to the findings and implemented
the recommendations

24. Case study 2
• Present a case study of a challenging internal audit engagement
• Describe the obstacles faced by the internal audit team and how they
overcame them

25. Lessons learned
• Summarize the key lessons learned from the two case studies
• Explain how these lessons can be applied to future internal audit
engagements

26. Continuous improvement
• Explain the importance of continuous improvement in the internal audit
function
• Describe the process of evaluating and improving the internal audit
function

27. Internal audit metrics and reporting
• Explain how internal audit measures and reports on its performance
• Describe the key metrics used to evaluate the effectiveness of internal
audit

28. Collaboration with other functions
• Describe the importance of collaboration with other functions, such as
risk management, compliance, and finance
• Explain how internal audit collaborates with these functions

29. Emerging trends and challenges
• Describe the emerging trends and challenges in the internal audit
function, such as technology, cybersecurity, and regulatory changes
• Explain how internal audit adapts to these trends and challenges

30. Conclusion
• Summarize the key points of the presentation
• Emphasize the importance of internal audit in ensuring the bank's
success

31. Q&A and discussion
• Provide an opportunity for the audience to ask questions and engage in
a discussion about the topic
• Encourage feedback and suggestions for improving the internal audit
function.

32. THE END!