Survey on the internal audit function in Russian banks (in Russian)

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We are pleased to present a survey of the current state of the internal audit function in Russian banks, performed by the Institute of Internal Auditors together with PricewaterhouseCoopers in 2008.

The internal audit function’s role in banks has become more significant in the ongoing global financial crisis, as assessing the effectiveness of internal controls and risk management is vital to reducing operational and investment risk and improving overall performance.

We hope that the survey findings and our accompanying recommendations will help you identify measures needed to optimise your company’s internal audit function.