Internal Auditing - Level 1
Introduce a level of professionalism into 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.9 |
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:
- Describe the expanded internal audit function
- Promote the conduct of effective audits and reporting
- Promote financial crime risk management in the organisation
- Engage effectively with stakeholders
- Ensure objectivity of the audit team
- Implement enhanced internal audit structures
Course Content
The Role and Function of Internal Audit
- Key goals of the internal audit function
- Ensuring auditor objectivity
- Avoidance of conflicts of interest within auditing
- Auditor skillset
Conducting Effective Audits
- Pre-audit planning
- Effective audit sampling techniques
- Recording findings during auditing
- Effective stakeholder engagement
Audit Structures
- The audit committee’s role
- Developing the audit charter
- The external auditor’s role
- Developing and improving best practices
Financial Crime Risks
- Money laundering, terrorist financing and sanctions risks
- AML controls
- CTF controls
- Sanctions controls – matches
- Trade-based money laundering risks
- Customer due diligence controls
- Enhanced customer due diligence controls
- Consideration of money laundering risks in practice evidenced by the organisation
- Beneficial Ownership Transparency – individuals and entities
- Testing operational efficiency v. financial crime risk prevention in practice
- Training and awareness programmes
Audit Report Writing
- Ensuring objective comments
- Ensuring use of constructive language
- Financial crime compliance terms and abbreviations for internal auditors
- Improvement recommendations
- Continuous improvement techniques
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 | |
---|---|---|---|
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 |