Operational precision and compliance are not just goals, they are necessities in the world of banking. This Banking Operations Department Audit Work Program is your gateway to mastering these essentials, offering a meticulously crafted framework to navigate the complexities of audits in financial institutions. Designed to uncover risks, enhance controls and ensure adherence to regulations, this tool equips audit teams with the strategies needed to safeguard organizational integrity and drive operational excellence.

With a focus on practicality and detail, this program spans every phase of the audit cycle, from planning and fieldwork to reporting and follow-up. It delves into critical areas like reconciliations, regulatory compliance, disaster recovery planning and ATM administration, ensuring no stone is left unturned. By fostering collaboration between auditors and management, it transforms audits into opportunities for meaningful improvements. Whether you’re seeking to strengthen internal controls or streamline routine audits, this program offers a practical framework to enhance oversight and drive operational excellence.

Audit work steps include:

• Review prior internal audit work papers and reports and extract and/or note any pertinent data or report items yet to be implemented.
• Determine that reconciliations are properly performed and reviewed.
• Obtain the list of outstanding collections and review for proper documentation.
• Discuss all current exceptions with management before completing the fieldwork.