The Audit of the Investment Portfolio (INVST)
This one day course is designed to provide practical guidance on how to audit a depository institution’s investment portfolio.
Particular emphasis is placed on:
1. the reason(s) for the investment portfolio
2. the need for current, written, carefully thought-out investment policy
3. management's responsibility for ongoing monitoring the investment portfolio
The course will carefully analyze the investments that are generally part of the investment portfolio, including:
Government and Agency Securities
and Mortgage-backed Securities
- State &
Local Government Securities
The course covers investment business risks and related internal controls.
It will specifically describe and provide examples of the accounting requirements and intricacies associated with “held-to-maturity,” “trading,” and “available-for-sale” securities.
This is a valuable course for all auditors involved or soon to be involved in the audit of the investment portfolio.
Category: Banking - Auditing