Auditing Asset Management

Auditing Asset Management

Internal audit functions are required to address the key risks and controls operating throughout an institution, including those that apply to asset management. This course looks systematically at how to best implement controls within asset management to drive down risk, and considers the approach that internal auditors should adopt when conducting such an assignment.

The objectives of this course are to enable attendees to appreciate the primary issues that arise in practice when undertaking the internal audit of asset management, to ensure that the internal auditors focus on the areas of greatest risk and that they develop practical solutions to the challenges that they face. Using a series of practical case studies, attendees will develop key approaches that can be applied directly to their institutions. 

This three-day training course is designed to provide course participants with an understanding of the key internal audit issues that exist within asset management. The program will concentrate on the main asset types: equity (listed and unlisted), fixed income and property, whilst referring to other available asset types. By the end of the course attendees will have been built a series of audit programs that enable them to audit an asset management operation and will have an increased awareness of the primary issues and controls applied in practice. This course combines classroom lecturing and practical workshop-style learning. Case studies, exercises and role playing will be used where appropriate.