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#50680 - 12/26/02 04:30 PM Size of Audit Staff

Our bank is a $700 million bank. Any ideas on how large the Internal Audit staff should be?

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#50681 - 12/26/02 05:19 PM Re: Size of Audit Staff
Kara S Offline
Platinum Poster
Joined: Oct 2002
Posts: 927
Milwaukee, WI
We are a 1 billion dollar bank and we do not have an internal audit staff at all!!!
My opinions are not to be construed as legal advice.

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#50682 - 12/26/02 05:56 PM Re: Size of Audit Staff

You must have someone doing audit, perhaps it is outsourced?

If so, how many people do they use to do your bank's audit work?

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#50683 - 12/26/02 06:07 PM Re: Size of Audit Staff
Skittles Offline
10K Club
Joined: Sep 2002
Posts: 13,963
We're a holding company with two banks and a total of approximate $475 Million in assets. We have one compliance officer (yours truly), two auditors and one Security/BSA Officer.
My Opinions Only

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#50684 - 12/26/02 07:50 PM Re: Size of Audit Staff
LinMarie Offline
100 Club
Joined: Nov 2001
Posts: 243
We are at $300 Million and 11 branches. I am the only one in the internal audit department. This will hopefully change in 2003.

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#50685 - 12/26/02 08:01 PM Re: Size of Audit Staff
rlcarey Online
10K Club
Joined: Jul 2001
Posts: 79,324
Galveston, TX
This is a duplicate post that is going on in the general forum!
The opinions expressed here should not be construed to be those of my employer:

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