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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 the reason(s) for the investment portfolio; the need for an investment policy; management's responsibility for monitoring the investment portfolio etc.

The course will also carefully analyze the investments that are often part of the investment portfolio, including:

-         U.S. Government and Agency Securities
(Bills, Notes, Bonds)

-         Mortgage and Mortgage-backed Securities
(Fixed-rate, ARMs, GPMs, Pass-throughs etc.)

-         State & Local Government Securities
(General Obligation, Revenue etc.)

-         Other Investments
(Corporate Paper, Stocks, CMOs, Floaters, Inverse Floaters, I0 and P0 Mortgage-backed Securities etc.)

The course will also cover 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