Imperial Corporate Training Institute is offering a Professional Financial Function Internal Audit Training Course to assist you with your financial audit training needs. This training course was specifically created to improve the internal audit function in core Financial Functions and will provide a bridge between the theory of auditing and actual real world audit practice, thereby allowing participants to gain an understanding of how Internal Audits function on a day-to-day basis within a financial environment. The programme incorporates the use of practical tools and resources, the use of structured audit thinking, and an engaging inward-looking experience, so that participants can use a combination of International Standards on Internal Auditing (ISCA International Standards) as a guide to develop their own internal audit approach.
This course takes a different approach from traditional concepts of Internal Audit by specifically targeting Financial Functions and providing a well-rounded training experience. Some of the Financial Functions covered in this training are; Accounting, Budgeting, Treasury, Payroll, Financial Reporting, Internal Controls etc. Each participant will gain a thorough understanding of how to conduct risk-based audits, where to find risk-based controls and advantages of risk-based audits, how to conduct Compliance Testing, and also create Comprehensive Audit Reports with the use of realistic scenarios. Consequently, after taking this training course, participants will be prepared to conduct Internal Audits that demonstrate measurable value, enable Governance, and enhance Financial Performance to their Organizations.
Objectives
By completing the Practical Internal Audit for Financial Functions Training Course, participants will be able to:
- Learn about the purpose and role of internal audit within the finance department
- Utilise knowledge of internal audit principles in a number of practical situations
- Develop an understanding of financial risks and identification of the effectiveness of internal controls
- Involve yourself in the planning and execution of internal audits of finance related processes
- Evaluate compliance of Financial Policies, Procedures and Regulations
- Use practical tools and structured methods for carrying out Internal Audit Testing
- Review Audit Evidence and draw reliable Audit Conclusions
- Write clear and professional internal audit reports
- Communicate Audit Findings to Management and Stakeholders Effectively
- Enhance governance, risk management, and control processes
Target Audience
This financial audit training course is suitable for professionals involved in finance, audit, and governance roles, including:
- Internal auditors seeking practical exposure to financial audits
- Finance managers and financial controllers
- Accountants and senior accounting professionals
- Risk management and compliance officers
- Audit committee members and governance professionals
- Treasury, payroll, and budgeting specialists
- Professionals transitioning into internal audit roles
- Graduates and early-career professionals aiming to build audit expertise