Auditing culture - a case study by Barclays Bank

In order to be awarded CPD units you must answer the following five random questions correctly. If you fail the test, please re-read the article before attempting the questions again.

  1. Is risk culture -

  2. Culture is important because -

  3. The purpose set by Barclays is supported by a number of values - how many values are there?

  4. In the Financial Stability Board paper on 'Guidance on Supervisory Interaction with Financial Institutions on Risk Culture', how many elements are considered critical to achieve cultural change?

  5. What techniques are useful for a culture audit?

  6. What are the three elements of the Barclays internal audit approach?

  7. ACCA has produced the following -

  8. Where can you get the skill sets required for a culture audit?

  9. How was Barclays performance management process changed to embed the values?

  10. How many staff were working at Barclays when the transformation programme was undertaken?