Internal Auditing - Level 2
Develop advanced risk-based techniques and compliance auditing
Accredited by: LONDON INSTITUTE OF SKILLS DEVELOPMENT SIGNATURE PROGRAMME

Who should attend?
- Delegates who have some experience of auditing, either directly as an auditor or from within the financial services sector seeking to develop a professional and best practice approach to the development of the internal audit function in private and public sector organisations and enterprises.
- Junior Managers, Fresh Graduates & Final Semester Students to acquire a promising career in a reputable organization.
Course Code: | F/A.10 |
Subject: | Finance |
Course Fee: | £595 |
Duration: | 3 Days |
Venue: | University of Cambridge, U.K |
Learning Objectives
By the end of the course delegates will be able to:
- Expand the role of the audit function in their organisation
- Contribute effectively to organisational audit strategy and implementation
- Engage continuous improvement and quality assessment within the organisation’s audit function
- Present information effectively at the auditing committee and senior management
- Embed new technology and financial crime controls into the audit function
Course Content
Review of Key Audit Function Foundations
- Review of key action points
- Develop organisational specific risk matrices
- Global best practice – case studies – lessons learned analysis
- Key action points – delegate and manage action plan development
Risk – Based Auditing
- Identifying areas of risk
- Identifying new areas of risk
- Classification and quantification of risk areas
- Identifying potential interface of existing and new areas of risk
- Developing audit and re – audit frequency in alignment with risk
- Overview of emerging and evolving threats
Conducting Effective Audits
- The auditor’s role as a consultant
- Utilising audit reporting to inform organisational policy development
- Continuous improvement initiatives and supervision
- Measuring improvement – toolkit for objective measurement and demonstration of audit output improvements
The Impact of PESTLE on Strategy and Risk Management
- The components of PESTLE and the impact on corporate finance
- Porter’s generic competitive strategies
- Mergers and acquisition – a corporate approach
- Managing financial risks
Financial Crime Compliance
- Record keeping procedures
- Controls to identify potentially suspicious activities
- Trade finance transactions
- Trade processing controls by processing staff
- Red flagging procedures
- Pre-determined thresholds systems and controls
- Escalations
- Actions taken by senior management
- Evidence and awareness of senior management evidencing how crime risks evolve in organisational type of business
Engaging with the Audit Structure
- Making effective recommendations and business cases
- Presenting information effectively
- OSCOLA (Oxford University Standard for the Citation of Legal Authorities) for internal auditors
- Contributing meaningfully to the development of the long – term audit strategy
- Upgrading the profile of internal audit within the organisation
GROUP Package Highlights:
(prices applicable to a group of minimum 8 persons)
*Maximum 15 persons will be enrolled in each workshop
- 4 Days + 3 Nights Programme
- Programme Registration with the invoice
- 2 Scientific Knowledge-sharing sessions
- Certificate of Participation signed by the authorities
- 3 Night-accommodation in B&B (Double accommodation)
- 2 Networking Dinners
- 3 Lunches
- 3 Networking Tea/Coffee
- Airport Group-Pick & Drop Service
- City Crawl
- Group Excursion- Famous Tourist Attractions
Generic Schedule:
4 Days/ 3 Nights Programme
Day 1:
Hotel Group Pick-up Service from the nearest Airport to the Bed & Breakfast (Hotel)
Check-in: (between 2:00-4:00 pm)
City Crawl includes Takeaway Lunch and Coffee
(1st Night)
Day 2:
Interactive Learning Sessions: 9:00 am – 4:00 pm
Includes 2 Tea Breaks + Lunch
7:30 pm Networking Dinner
(2nd Night)
Day 3:
Interactive Learning Session/ Award Ceremony: 9:00 am- 1:00pm
Includes 1 Tea + Lunch
Excursion: 2:00-7:00 pm
Networking Dinner: 7:30 pm
(3rd Night)
Day 4:
Hotel Check-out at 10:00 a.m
Luggage can be Deposited in the Hotel
Free to Shop and Roam (independently)
Back to the Hotel at least 3.5 hours before the flight
Group Drop-off to the Airport
Register Per Person
Workshop Venue | Full 4 Days + 3 Nights Workshop Package PER PERSON IN GROUP inclusive all taxes | ![]() |
Credit/Debit Card |
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University of Oxford, U.K | GBP 1350 | Register Now | Register Now |
University of Cambridge, U.K | GBP 1350 | Register Now | Register Now |
King’s College London, U.K (University of London) | GBP 1350 | Register Now | Register Now |
University of Edinburgh, U.K | GBP 1350 | Register Now | Register Now |
London Institute of SD – Learning Center | GBP 1145 | Register Now | Register Now |
Baku, Azerbaijan | GBP | ||
Istanbul, Turkey | GBP |