External audits of banks

External audits of banks

  • zamira_abduraximova
  • 3
  • 2
  • Resurs turi: Iqtisod va boshqaruv
  • Chop etilgan yili: 2014
  • Mualliflar: Team of authors

The recent financial crisis not only revealed weaknesses in risk management, control and governance processes at banks, but also highlighted the need to improve the quality of external audits of banks. External auditors of banks can play an important role in contributing to financial stability when they deliver quality bank audits which foster market confidence in banks’ financial statements. Quality bank audits are also a valuable input in the supervisory process.