The Imperial Corporate Training Institute offers a comprehensive professional training programme on Finance and Audit Risk Management, which will develop the skills of all trainees to manage financial and audit risk within organisations in today’s world. Today’s organisations operate in a complex environment both from a regulatory and an economic perspective. Therefore, organisations are continually exposed to financial risk, as well as operational risk, and also must be compliant with regulatory requirements. This training course will provide participants with an understanding of the finance and audit functions of an organisation and how effective risk analysis, sound governance and strong financial controls work together to protect the value of an organisation.
Using an in-depth, practical approach, this programme will take participants through the complete cycle of risk management from identifying financial risk and audit risk, to developing strategies to mitigate these risks and monitoring the effectiveness of those strategies controls. Trainees will understand how risk management frameworks can align with the internal audit function, what is required in terms of compliance to financial reporting, and how these frameworks support the objectives of the organisation. Additionally, the course will provide trainees with a mix of theory and practice to enable them to have confidence when using the tools, methodologies and best practices of risk management within their roles in finance, audit, and risk management.
Objectives
By the end of this Finance and Audit Risk Management Training Course, participants will be able to:
- Achieve an understanding of finance and audit risk management principles from an organisational perspective
- Identify financial and audit risks using structured risk analysis technique
- Assess the effectiveness of your financial controls and internal control systems
- Integrate risk management processes into financial planning and auditing
- Strengthen governance, accountability and compliance with risk-based auditing
- Create risk registers, control matrices, and audit risk assessments
- Link financial risk management to organisational strategy and performance goals
- Utilise risk-based financial and audit information to improve decision-making
- Facilitate internal and external audit work by creating robust documentation of risk
- Increase organisational resilience by proactively managing financial and audit risks
Target Audience
This course is designed for professionals working in finance, audit, or risk-related fields, including the following:
- Internal and external auditors who wish to increase their risk management knowledge
- Finance managers and financial controllers responsible for compliance and oversight
- Risk management specialists who assess enterprise and financial risks
- Accounting professionals who are involved in compliance, audit, and assurance services
- Governance and internal control personnel
- Senior executives and managers who make financial decisions
- Regulatory and compliance specialists
- Consultants who provide advisory services related to financial audits and risk assessment
- Individuals preparing for leadership positions in finance and audit