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X-ORIGINAL-URL:https://investci.com/
X-WR-CALNAME:Investment Training and Consulting Institute, Inc.
X-WR-CALDESC:Premier Provider of Investments and Derivatives Audit Training and Consulting
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BEGIN:VEVENT
CLASS:PUBLIC
UID:MEC-bcc0d400288793e8bdcd7c19a8ac0c2b@investci.com
DTSTART:20260720T133000Z
DTEND:20260722T170000Z
DTSTAMP:20260317T133600Z
CREATED:20260317
LAST-MODIFIED:20260608
PRIORITY:5
SEQUENCE:39
TRANSP:OPAQUE
SUMMARY:Understanding and Auditing Investment and Derivative Activities – Virtual
DESCRIPTION:We are very excited to combine two of our popular classes into one virtual seminar. For this special offering, we have combined Understanding and Auditing Investment Activities and Understanding and Auditing Derivative Strategies. We have heard from several of our clients that they would like to attend both virtual classes, but it is difficult to commit to four days.  Therefore, we have combined the classes into three days but have not lost the critical training concepts of either class.\nIn this seminar you will gain a basic understanding of investment and derivative terminology, the strategies entered by portfolio managers/investment managers/traders, and the core processes used in the risk management, back-office operations. and accounting.\nYou will examine front-office, back-office, and middle-office activities, control objectives, red flags, and internal control best practices. In addition, you will learn to differentiate between derivative hedging and speculating activity. which is so critical in the highly volatile market we are in.\nThe class will pay special attention to identifying the specific risks common to investment and derivative strategies and cover how to minimize those risks with strong compliance and independent risk oversight. Finally, we will learn about critical risks and controls that need to be in place and the audit scope, objectives, and critical audit steps we need to ensure we have included in our audit programs.\nCOURSE OUTLINE:\n Introduction to Investment and Derivatives \n\nThe importance of Auditing Investments and Derivatives\nUnderstanding the different markets and where we need to focus our time as auditors.\n\n The Investment and Derivative Infrastructure \n\nUnderstanding the roles of the front office.\nReviewing the Risk management and Middle Office responsibilities.\nDiscussing the critical Back office, Accounting and Reporting responsibilities.\n\nUnderstanding Traditional Investments Markets\n\nUnderstanding the short-term market:\n\nTreasuries/Agencies\nCommercial Paper\nRepurchase Agreements\n\n\nReviewing major securities in capital markets:\n\nBonds\nEquities\nAlternatives\nReal Estate\n\n\n\nUnderstanding the Derivative Environment \n\nThe importance of reviewing derivatives\nIntroduction to derivative risk management\n\n The Forward and Futures Contracts\n\nDefining the forward contract\nDefining the futures contract\nWorking through Forward and Future Strategies\n\n The Option Market \n\nFundamentals of options\nStrategic use of options\n\n The Swap Market \n\nSwap mechanics\nSwap terminology\nUnderstanding financial swaps examples\nThe mechanics of swaptions\n\nAnalyzing Investment and Derivative Risks \n\nManagement risk\nMarket risk\nCredit/counterparty risk\nLegal risk\nOperational risk\n\nAuditing Investments and Derivatives\n\nIdentifying Audit objectives and Scope Considerations.\nDefining the critical risk and internal controls.\nDiscussing and summarizing critical audit steps to include in your audit programs.\nRed flags discovered in your audits and defined approaches.\n\nCourse Information:\nThe course times will be 8:30 am – 4:30 pm Central Time on Day 1 and Day 2. The course end time on on Day 3 will be 12:00 pm Central Time.\nFor virtual courses, the virtual meeting link and course materials will sent 3-5 days before the course start date.\n\n\n\nCourse Duration: \n2.5 day(s)\n\n\nCPE Hours Available: \n20\n\n\nField of Study: \nAccounting (3), Auditing (8),  Specialized Knowledge (9)\n\n\nProgram Level:\nIntermediate\n\n\nPrerequisites: \n​General Knowledge of Audit & Investments\n\n\nAdvance Preparation:     \nNone\n\n\nDelivery Method:\nGroup Internet Based\n\n\n\n \n
URL:https://investci.com/events/cida-review-course-878-416-660-107-126-973-810/
ORGANIZER;CN=ITCI:MAILTO:info@investci.com
CATEGORIES:2026 Seminar Series,Understanding and Auditing Investment and Derivative Activities
LOCATION:Virtual Webinar
ATTACH;FMTTYPE=image/jpeg:https://i0.wp.com/investci.com/wp-content/uploads/2021/07/shutterstock_1990136675.jpg?fit=2048%2C1365&ssl=1
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