Auditing Investments [Paperback]

Barbara Davison (Author)

Book Description

Publication Date: July 1, 1999 | ISBN-10: 0894134272 | ISBN-13: 978-0894134272

Investments probably rank in the top 10 of the most difficult and challenging of all audit areas. Today's headlines are full of investment disasters. Organizations have lost millions of dollars using complicated, often misunderstood investment strategies. Auditing Investments leaves the guesswork behind and shows step-by-step how to prepare for this type of audit. In a concise, easy-to-read format, it covers the main areas of a typical investment infrastructure, including: trading, portfolio management, research, trade settlement, maintaining custodian relationships, principal and income collection, investment accounting and reporting, performance tracking, asset and liability management, and counter-party underwriting.

Auditing Investments includes detailed Audit Checklists, helpful Investment Web Sites, and Suggested Readings to enhance your knowledge of investments. It is a valuable tool designed to help alleviate the anxiety of auditing this complex, high-risk area.

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About the Author

Barbara Davison, CIA, CISA, FLMI, is currently President of the Investment Training and Consulting Institute, Inc. (ITCI), located in Auburn, Kansas, which offers specialized audit training in the areas of investments, derivatives, merger & acquisitions, control self-assessment, and risk management. She has conducted training for many Fortune 500 companies, both domestically and internationally. In addition, Ms. Davison specializes in bank reserve management training, providing services to over 26 countries in North America, Central America, South America, Europe, and Africa.

Previously, Ms. Davison served as Assistant Vice President of a financial institution where she directed investments for the general account and mutual fund operations. Her responsibilities also included portfolio management of two mutual funds, which were part of a $7 billion portfolio. Prior to her seven years in investments, she spent six years as Manager of Internal Audit. She was responsible for the management of corporate audit activities, computer security, and information systems audits.

Ms. Davison is a Certified Internal Auditor, a Certified Information Systems Auditor, and a Fellow in the Life Management Institute. She has obtained her Series 7 and Series 65 from the National Association of Security Dealers (NASD). She is a member of The Institute of Internal Auditors, The Information Systems Auditor's Association, and the Life Office Management Association. She has been a Distinguished Faculty Instructor for The Institute since 1992, and recently developed four seminar courses for the organization.

Product Details

• Paperback: 74 pages
• Publisher: Inst of Internal Auditors (July 1, 1999)
• Language: English
• ISBN-10: 0894134272
• ISBN-13: 978-0894134272
• Product Dimensions: 8.3 x 5.5 x 0.3 inches
• Shipping Weight: 4.8 ounces (View shipping rates and policies)
• Amazon Best Sellers Rank: #2,410,978 in Books (See Top 100 in Books)

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