Agenda Details
| Keynote Address: A Regulator's View of the Audit Function |
| Paula Johnson, National Examiner Enterprise Governance and Operational Risk, Midsize Bank Supervision, Office of the Comptroller of the Currency |
|
Date: Thursday, 27 June 2013 Time: 9am - 10:15am |
|
The new Dodd-Frank era brings a tide of new regulators, regulatory changes, and an increased supervisory emphasis on the audit function. This keynote address will provide a regulatory perspective to bank audit. What are regulators looking for in evaluating audit? What are the common pitfalls that are emerging in the audit area, and what are banks doing to address them? What are the heightened expectations of audit? What are some considerations for managing multiple regulators?
• Key audit attributes in evaluating and assessing the audit function • Examiner observations of common audit practices. Trends in OCC matters requiring attention and resolutions • OCC heightened expectations for Audit and what it means to your bank audit program • Managing multiple regulators in the audit space. The supervision lines among the Federal Reserve Bank, Consumer Financial Protection Agency, FDIC, and the Office of the Comptroller of the Currency. |