Internal Audit and Banking Control

Major: Finance, Banking and Insurance
Code of subject: 7.072.03.E.042
Credits: 6.00
Department: Finance
Lecturer: Ph.D., Kurylo Oksana Bogdanovna
Semester: 4 семестр
Mode of study: денна
Мета вивчення дисципліни: Acquisition by students of theoretical and methodological knowledge on the basics of control and internal audit in the bank, acquisition and assimilation of practical skills in planning, organizing and conducting internal audit and control in the bank, the ability to use the acquired knowledge in practical activities
Завдання: General competences: ? ZK4. Ability to identify, pose and solve problems professional competences: ? SKZ. Ability to apply managerial skills in finance, banking and insurance. ? SK8. Ability to apply innovative approaches in the field of finance, banking and insurance. ? SK10. Ability to perform scientific research in the field of finance, banking and insurance, taking into account the tasks and existing limitations. ? SKS-3. The ability to transform the skills and abilities of scientific research into the management of strategic development of the financial market and its participants, improvement of banking state regulation, internal audit and controlling, management of banking risks, design of banking products and services, taking into account the peculiarities of using the European banker's certificate.
Learning outcomes: Search, process, systematize and analyze the information needed to solve professional and scientific problems; develop banks' strategies in financial markets, design banking products and services, manage banking risks. To substantiate the relevance of research, to achieve the goals taking into account the available resources and opportunities
Required prior and related subjects: Financial services market. Portfolio management. Design of banking products and services. Risk management in banking. European banker's certificate
Summary of the subject: The study discipline "Internal Audit and Bank Controlling" is one of the important study subjects for master's training of the educational-scientific block "Finance and Credit", which ensures that students acquire professional theoretical knowledge and practical skills in the implementation of control over the bank's activities, as well as an understanding of standards and principles of auditing in relation to banks. The discipline lays down the theoretical foundations for conducting an internal audit of cash operations, interbank settlements, credit operations, operations with securities, fixed assets and intangible assets, operations in foreign currencies, opening, procedure for maintaining and closing customer accounts, non-cash settlements of bank customers, deposit (deposit) operations, bank capital. Attention was also paid to the issue of conducting an internal audit of the bank's income, expenses and financial results.
Опис: Internal audit, its place in the system of internal control of economic entities. Organizational bases of internal audit functioning and internal audit functions in a pandemic. Stages of internal audit planning and principles of formation of audit documents. Organization and methods of auditing active banking operations Internal audit of passive operations of the bank. Internal audit of income, expenses and financial results of the bank.
Assessment methods and criteria: Oral questioning in the process of students' work in small groups in lectures and practical classes, performance of test tasks on the topics of the course in VNS. During remote work (including under quarantine conditions) an interview with students is provided during videoconferences and practical classes. Current control: test tasks in VNS, work on practical classes and individual task - 45 points. Credit control - 55 points
Критерії оцінювання результатів навчання: The main methods of evaluating the results of training in the discipline "Internal Audit and Bank Controlling" can be: – standardized tests; ; – team projects; - analytical reports, abstracts, essays – presentations of the results of completed tasks and research; - student presentations of individual tasks. Points for: 1. Current control of the acquirer's work: - Test survey at the State Internal Revenue Service; - Oral survey at practical classes; - Completion of an individual task, its presentation using the Power Point program and its defense. 2. Final control (differentiated assessment): based on the total results of the current control/
Порядок та критерії виставляння балів та оцінок: A student who systematically prepared for classes and was active in them receives the maximum grade for practical classes. Tests on topics in the National Security Service are taken into account - with the transfer to a scale of 0-4 points. There are no restrictions on the number of attempts and the minimum number of points. The maximum number of points for the performance of an individual task is given to the winner who disclosed the topic of the task, its purpose, subject and object of research on time and as fully as possible, as well as presented a presentation using the Power Point program. Additional points (up to 10 points in the oral component) encourage the winner to do research work - publication of scientific theses and articles in accordance with the standards of the Higher Education Institution of the Lviv Polytechnic. The total sum of points of the final control is 100 points. The results of differentiated assessment with subsequent transformation into a state semester assessment are presented in the scale below. 100-88 points "excellent" 87-80 points "good" 79-71 points "good" 70 – 61 points "satisfactory" 60-50 points "satisfactory" 49-26 points not certified 25-00 points not certified with an "unsatisfactory" rating
Recommended books: 1. Pogorelenko N.P., Sydorenko O.M., Serdyuk L.V., Karasyova Z.M., Fedorenko N.S. Internal audit in the bank: Training manual. - Lviv: Novy Svit-2000, 2020. - 270 [2] p. 2. Internal audit: study guide / edited by Yu. B. Slobodianyk. - Sumy: LLC "VPP "Print Factory", 2018. - 248 p. 3. Skasco O. I. System of control of banking activity in Ukraine: theory and practice: monograph / O. I. Skasco. - Lviv: Triada plus, 2012. - 308 p. 4. Skasco O. I. Theory, methodology and organization of the control system in banks of Ukraine: autoref. thesis ... Dr. Econ. Sciences: 08.00.09 / O. I. Skasco; Ternopil national economy Univ. – Ternopil, 2014. – 40 c. 5. Audit (Fundamentals of state, independent professional and internal audit): textbook / edited by Prof. V. V. Nemchenko, O. Yu. Redko. - K.: Center of Educational Literature, 2012. - 540 p. 6. Kireev O. I. Internal audit in a commercial bank: training. guide/ O. I. Kireev, N. P. Shulga, O. S. Poletaeva. - K.: KNTEU, 2006. - 295 p. 7. Bankivskiy Due Diligence in the aspect of combating income legalization / [Electronic resource] — Access mode: 8. Rekunenko I.I., Kobets Zh.O., Shvydko I.O. Peculiarities of the formation and application of the financial monitoring system in Ukraine / I.I. Rekunenko, Zh.O. Kobets, I.O. Quickly // Bulletin of Sumy State University. Series "Economics", No. 1 2020 p. 104-117 9. Mishchenko V. I., Naumenkova S. V. Improvement of mechanisms for managing bank operational risks. Scientific notes of the National University "Ostroh Academy". "Economics" series: a scientific journal. Ostrog: Publication of NaUOA, June 2022. No. 25(53). P. 102–109 10. Dr. MUTESI Jean Claude. ASSESSMENT OF EFFECT OF INTERNAL AUDIT ON FINANCIAL PERFORMANCE OF BANKS IN RWANDA: A SURVEY OF BANK OF KIGALI (BK), RWANDA / [Electronic resource] — Access mode: 20AUDIT%20Dr.%20MUTESI%20Claude.pdf 11. Law of Ukraine "On Banks and Banking Activity" dated 07.12.2000 No. 2121-III [Electronic resource]. – Access mode: 12. Law of Ukraine On Banks and Banking Activities with Amendments No. 720-IX dated June 17, 2020 13. Law of Ukraine On Financial Services and State Regulation of Financial Services Markets - Article 15-1. 14. Resolution of the Board of the NBU No. 114 dated 20.03.98 On approval of the Regulation on the organization of internal audit in commercial banks of Ukraine. 15. Resolution of the Board of the NBU No. 358 dated 20.07.99 on the approval of the Methodological Guidelines for the application of internal audit standards in banks of Ukraine. 16. Methodological recommendations for improving corporate governance in banks of Ukraine (approved by NBU BOARD RESOLUTION No. 98 dated 03.28.2007).
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