You might also like

More about Risk Based Internal Audit in Banks

• Book details
• Synopsis
• Trending among others

You get 219 loyalty points

Book synopsis

Implementation of Basel Accords I & II highlights maintenance of capital by banks aligned with risks undertaken. Risk Based Supervision (RBS) of banks flows from the Core principles of Bank Supervision enunciated by Basel Committee on Banking Supervision. Establishment of a robust Risk Based Internal Audit (RBIA) by banks is an important facilitator for the move towards RBS. The book traces the approach of banks towards the internal audit function and the need to replace the multiple forms of internal audits by RBIA.The progress in implementation of RBIA in India has been found to be uneven amongst different banks. To identify the major reasons/differentiating factors for this; the author conducted an extensive survey study of banks, inspectors/auditors and held discussions with senior executives of banks and RBI during 2009-10. An innovative Rating model for assessing the organizational preparedness of banks for implementation of RBIA has been developed by the author. Some important issues have been identified and suggestions made for banks and supervisor to initiate corrective action and make the implementation of RBIA more effective.

Book details

Book category Books in English Economics, finance, business & management Business & management Management & management techniques

• Full title: Risk Based Internal Audit in Banks
• Subtitle: An assessment of organizational preparedness of Indian banks A survey study
• Author: Vijay Khanna
• Language: English
• Binding: Paperback
• Number of pages: 236
• EAN: 9783639357776
• ISBN: 3639357779
• ID: 06842724
• Publisher: VDM Verlag
• Weight: 349 g
• Dimensions: 229 × 152 × 14 mm
• Date of publishing: 27. May 2011

Trending among others

---

---

---