BIS Press Release

PRESS RELEASE - Basel Committee releases survey on internal audit in banks, 28 August. The Basel Committee on Banking Supervision is today publishing the results of a survey of internal audit issues in banks in 13 countries utilising the framework of the Committee's best practice paper issued in August 2001.

The survey, conducted by the Basel Committee's Accounting Task Force, found widespread endorsement of the key internal audit principles identified by the Basel Committee as reflecting best