The objective of this Financial Management Training Course is to develop the knowledge and implementation of Audit Principles to improve the effectiveness of Financial Management in an organisation today. The course has a focus on different concepts of Audit, Standards of Audit, and Audit Methodology and how it relates to Financial Planning, Control, Decision Making and Governance of an Organisation.
Through an understanding of the benefits of Audits to increase Financial Transparency, establish Internal Controls, Ensure Compliance with regulatory & professional standards, and other facets of Auditing. Also included in this course is the application of Auditing Principles to Real World Financial Management through a Practical Application of Auditing Principles to strengthen Financial Performance.
Delivered by Imperial Corporate Training Institute, the Financial Management Audit Training Course also explores how to align Audit Principles with Financial Management Goals; together with Internal/External Auditing Roles; Risk Based Auditing; Audit Planning; Evidence Gathering/Evaluation/Reporting; Financial Accountability and Oversight; and Role of Auditing in Corporate Governance; Risk Management; and Ethical Financial Leadership Guidance. Participants will leave with the skills to confidently work with Auditors, Evaluate Audit Results, and use Audit Information to Improve all Financial Management Processes Regardless of the Organisation.
Objectives
Attendees will be able to:
- Develop a foundation of key auditing principles and standards that guide financial management
- Understand how auditing, financial control, and the performance of an organization correlate to each other
- Enhance the participant’s competency in planning, evaluating, and interpreting audit work/reports
- Strengthen participant’s understanding of internal controls and their protection of financial assets
- Introduce risk-based auditing concepts as they relate to financial decision-making
- Improve participant’s abilities to identify financial risk, mistakes, and fraud using auditing techniques
- Facilitate effective partnerships between financial managers and auditing functions
- Increase participant’s ability to analyze audit evidence and evaluate audit quality
- Increase participant awareness of ethical ramifications and professional obligations associated with auditing
- Enable participants to use audit findings to enhance budgeting, forecasting, and the financial strategy.
Target Audience
- Financial managers and finance directors
- Internal and external auditors
- Accounting and finance professionals
- Risk management and compliance officers
- Budgeting and financial planning specialists
- Controllers and financial analysts
- Corporate governance professionals
- Senior executives involved in financial oversight
- Public sector finance officers
- Professionals seeking a strong foundation in financial audit training courses