Revision, Compliance

Organization of financial institutions according to WAG (Securities Supervision Act) and, in part, BWG (Austrian Banking Act); Responsibilities of compliance, risk management according to WAG, internal audit, bank audit and money laundering / financing of terrorism; structure and responsibilities of national and international supervision; standard compliance code; code of conduct according to WAG; internal control system; side note: Securities Deposit Act;

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

• Script “Internal Revision and Compliance in Banks”Script “Internal Revision and Compliance in Banks”

Planned learning activities and teaching methods

Lectures, supported by LCD projector and flip chart; discussion of practical examples with students

Assessment methods and criteria

Written final examination

Prerequisites and co-requisites

Fundamentals of Accounting

Infos

Degree programme

Banking and Finance (Bachelor)

Cycle

Bachelor

ECTS Credits

3.00

Language of instruction

German

Curriculum

Full-Time

Academic year

2021

Semester

5 WS

Incoming

Yes

Learning outcome

After the successful completion the students will be able to explain the functions of internal revision and bank audit as well as to understand and describe problems in connection with compliance, risk management (according to WAG) and money laundering issues.

Course code

0229-12-01-VZ-DE-44