NEW! Practice Guide “Auditing Model Risk Management”
Models are relied upon to make important decisions in the financial services industry, making it imperative for internal auditors to understand key elements like business significance, model risk management components, and regulatory concerns and expectations. Learn about all these elements and what role you play in assessing your organization’s model risk management activities in this new practice guide.
IIA members are invited to download this and all guidance as a benefit of membership. Nonmembers may purchase Supplemental Guidance by visiting the IIA Bookstore.