The Imperial Corporate Training Institute has created a complete Internal Audit and Financial Control Training Course to help those in finance, internal auditing & management positions to learn about the more sophisticated aspects of internal auditing & financial control. This course will cover how organizations can establish audit frameworks, identify Internal Controls, Assess Risk, and comply with the regulations required to maintain the integrity of their finances. Participants will learn about the auditing process, detecting wrongdoing, and preparing financial statements so that when they provide their organizations with any guidance as to how best to improve their efficiency and their organizational governance, they are doing so from a place of experience.
Through the use of interaction, actual scenarios, and hands-on exercises, this course will provide participants with an understanding of the auditing methods and practices that are currently being used. Participants will learn to understand advanced auditing methods, and practice evaluating Internal Controls and developing Financial Risk Management strategies that will help keep organizations accountable, reliable and transparent in their financial reports. This course provides the knowledge and training needed to effectively implement an audit function that is in compliance with the current legal and regulatory environment, and is aligned with the accepted best practices within the profession.
Objectives
By the end of this course, participants will be able to:
- Comprehend and apply the principles and underlying frameworks related to the internal audit.
- To create risk-based internal auditing processes for all parts of a company.
- To assess internal control systems and pinpoint any shortfalls or weaknesses.
- To conduct financial audits.
- To perform financial statement analysis correctly.
- To identify and avoid fraudulent activity through newly developing methodologies of auditing.
- To adhere to regulatory and compliance directives during your audit.
- To enhance decision-making capabilities through accurate financial statement reporting and auditing.
- To improve governance at the organizational level through effective internal control practices.
Target Audience
- For internal auditors and finance directors.
- For accountants and finance-related professionals who want to gain an advanced level of auditing knowledge/skills.
- For risk management professionals and compliance officers.
- For executive management involved in creating financial decisions.
- For anyone pursuing certifications related to audit or finance, or anyone with responsibility for governance at an organizational level and/or financial integrity.