Audit of long-term development programmes
A long-term development programme (LTDP) is an internal programme document essential for monitoring the effectiveness of a financial institution over the medium term (3–5 years) and long term (5+ years). It contains lists of resources and specific measures to achieve the entity's strategic development goals by set deadlines, indicating funding volumes and sources. It also includes performance indicators reflecting current and expected performance results of the organisation, its subsidiaries, affiliates, and branches.
FBK conducts audits and effectiveness assessments of LTDPs to inform the entity's management and/or regulators about its alignment with the stated strategic goals and objectives. The assessment is performed by independent experts, which helps ensure transparency and objectivity of its results.
