Auditing Market Risk in Financial Institutions

Recommended Guidance

Access restricted to IIA members only. 

This guidance will enable internal auditors to understand:

• The importance of market risk in a financial services context.
• The regulatory environment and requirements related to market risk.
• The risk governance and risk management processes surrounding market risk.
• How to articulate the key components of market risk, including interest rate risk, equity risk, and foreign exchange risk.
• How to apply the IPPF and risk-based internal audit techniques to assess and audit market risk in their organizations.