This course provides an overview covering the essential concepts of financial governance, the compliance requirements of organisations and the foundation for auditing processes currently being used in an organisation. This course also teaches participants how good/fair Financial Governance can help establish an organisation as transparent, accountable and ethical in its financial dealings while being in line with regulatory expectations and organisational objectives. Upon obtaining this knowledge through this course participants will also be able to understand how Financial Governance and the Internal and External Auditors of an organisation can help create a Financial Control Environment that minimises the risk of Financial Loss within an organisation.
Delivered by Imperial Corporate Training Institute. By providing a combination of theoretical concepts and practical application, this course will provide participants with knowledge on the role of boards of directors, audit committees, senior management and auditors to demonstrate a successful Financial Governance and Compliance System. In addition to this, the course will provide participants with information about the principles of auditing which relate to the design, execution, reporting and follow-up of audits; therefore, enhancing participant’s ability to review and evaluate an organisation’s Financial Completeness and Control Systems. By the end of this course, participants will possess the knowledge and skills to provide guidance as to how Financial Governance should be administered, contribute to Compliance, and apply the Principles of Auditing in accordance with Professionally Recognised Standards and Best Practices.
Objectives
By completing the Financial Governance and Audit Training Course at Imperial Corporate Training Institute, participants will be able to:
- Developing an understanding of the key ideas and systems behind financial governance will support the understanding of both the public sector and private sector governance structures.
- Examining how the various types of governance framework, compliance requirements, and audit functions are connected.
- Utilising recognised auditing concepts and principles when conducting financial audits or assurance related activities.
- Identifying the respective roles and responsibilities of board members, management, and auditors regarding governance and oversight.
- Assessing the effectiveness of internal control systems as they pertain to a governance framework.
- Enhancing compliance with financial regulations, standards, and policies from a financial perspective.
- Gaining skill in audit planning, performing risk assessments, and developing financial audits or assurance related reports.
- Interpreting audit findings so as to create recommendations for improvements to governance issues.
- Providing support for ethical financial management, transparency in financial report preparation and production, and compliance with financial regulations.
- Improving one’s use of professional judgement as it relates to governance, compliance, and audit related matters.
Target Audience
This Financial Governance and Audit Training Course is suitable for:
- Internal and external auditors seeking deeper knowledge of governance and compliance.
- Finance managers and financial controllers involved in oversight and reporting.
- Risk management and compliance professionals.
- Members of audit committees and governance bodies.
- Accountants and finance professionals aiming to expand audit-related expertise.
- Public sector officials responsible for financial governance and accountability.
- Corporate governance officers and policy advisors.
- Senior managers involved in financial decision-making and control systems.
- Professionals preparing for advanced roles in financial audit and governance.