Page 61 - KATALOG IIA INDONESIA 2021

AUDIT Liquidity
FUNDAMENTALS Risk Management

Liquidity

Risk Management

About this Course

This course will describe internal audit's role in the world of liquidity risk management. Liquidity is a measure of the
ability and ease with which assets can be converted to cash. To remain viable, a financial institution must have
enough liquid assets to meet its near-term obligations. Internal audit plays a vital role in ensuring compliance with
the Basel III regulatory framework, which was adopted by the Federal Reserve to ensure adequate capital in the
banking system. This course helps learners to gain an understanding of Liquidity Risk Management (LRM), Basel III
regulatory requirements, and the role of banking supervisors. It also provides details on the impacts of Three Lines
of Defense over the LRM framework and governance in financial institutions. Finally, the course describes various
liquidity-specific aspects of an internal audit engagement, including audit planning and risk assessment.
Learning Objective(s):

• Recognize the elements of Basel III.
• Recognize the elements and considerations of liquidity risks.
• Summarize internal audit’s role with liquidity risk management.
• Recognize elements of an organization's asset and liability committee.
• Discern how liquidity risk appetite and risk tolerance shape the internal audit engagement.
• Differentiate the purpose and roles of each part of the three lines of defense.
• Assimilate the elements of LRM methodology.
• Recognize methods of evaluating liquidity risks during an engagement.

CPE Hours Available : 1.5 Browser : • Google Chrome (optimal)
Knowledge Level : Basic Requirements • Mozilla Firefox
Advance Preparation : None (Desktop/Laptop) • Safari 4
NASBA : Yes
Field(s) of Study : Auditing
Who will Benefits : CAE/Director, Internal Audit Manager, Staff/Senior Auditor,
IT Auditor in private and public companies, non-profit and
charitable organizations, and Government agencies
Delivery Formats(s) : Self-Study
Category : Audit Fundamentals
Author : The IIA
Audito/Video : None
Prerequisite(s) : None
Supplementary Course(s) : • Introduction to Internal Auditing
• Internal Controls
• Introduction to the Engagement Process

Duration : 1h Price : $ 80.00

Course Expiration:
Upon purchase, the user has 30 days to complete this course.

The IIA is registered with the National Association of State Boards of Accountancy (NASBA) as a
sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards
of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints
regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its
website: www.learningmarket.org.

IIA TRAINING GLOBAL ONDEMAND