Ending Course Reflections

Introduction

The participants in any industry increasingly recognize that the social benefits of finance cannot be assumed. By continuing to erode the boundary between business and traditional finance, staying faithful to the mission of finance can be more difficult than ever (William, 548). High levels of competition, both for customers and finance-the pressure of marketing and related pressure to grow as rapidly as possible serve to distract the business institutions in what should be his primary concern.

This course had helped us to assess the various aspects of social performance management for any business and industry as they get reported. This course provided us a framework for analyzing the current state of financial performance practices between regions, based on financial performance indicators selected by the teacher and highlights current challenges in collecting and reporting data.

Below, I have listed some of the key theories and concepts I had learned in my class and applied practically during my internship. I realized that most of the concepts we learn during our programs actually match and apply to most of the departments of a bank. Nevertheless, there are various other courses and crucial concepts that apply to more specific and core business operations.

Internal Audit

Internal audit is an independent appraisal function established within an organization. These subject emphases on the role and nature of internal auditing of the organization, intensive review of internal control of the organization, management effectiveness audits and financial audits from the point of internal auditor.

As I got placed in internal audit department, this subject helped and exposed me to the understanding of the real life audit environment cases. The integrated audit risk management techniques, in this course gave me platform of application during my internship program (Campbell, 554). However, when I was auditing different branches of the bank, the procedures which ...