Internal Audit and Financial Control Management
Overview
An intensive training program designed to equip participants with the knowledge and skills necessary to effectively manage internal audit processes and financial control, ensuring compliance and enhancing organizational performance. The program focuses on the latest global practices in auditing and control to foster transparency and accountability.
Program Importance
Enhancing corporate governance and financial transparency.
Mitigating financial and operational risks through effective control systems.
Improving the efficiency and effectiveness of internal audit processes.
Ensuring compliance with international and local auditing and control standards.
Program Objectives
Comprehensive understanding of internal audit principles and financial control.
Developing skills in risk assessment and internal control design.
Mastering modern auditing tools and techniques.
Ability to prepare effective and actionable audit reports.
Training Modules
Day 1: Fundamentals of Internal Audit and Financial Control
Full Day
Concept and Objectives of Internal Audit
Principles and Types of Financial Control
The Integrated Internal Control Framework (COSO)
The Role of Internal Audit in Corporate Governance
Professional Ethics and Independence
Day 2: Risk Assessment and Internal Control Design
Full Day
Methodologies for Identifying and Assessing Risks
Designing Effective Internal Controls
Types of Controls (Preventive, Detective, Corrective)
The Relationship Between Risks and Controls
Case Studies in Risk Assessment and Control Design
Day 3: Internal Audit Methodologies and Tools
Full Day
Planning the Internal Audit Engagement
Evidence Collection and Analysis
Utilizing Computer-Assisted Audit Techniques (CAATs)
Risk-Based Auditing
Preparing Working Papers and Documentation
Day 4: Audit Reporting and Follow-up on Recommendations
Full Day
Elements of an Effective Audit Report
Formulating Observations and Recommendations
Presenting Findings to Senior Management
Following Up on Recommendation Implementation
The Role of Internal Audit in Fraud Investigations
Day 5: Modern Challenges in Auditing and Control
Full Day
Auditing in the IT Environment
The Role of Artificial Intelligence in Auditing
Continuous Auditing and Continuous Monitoring
Modern Regulatory and Legislative Challenges
Workshop: Developing an Integrated Internal Audit Plan
Expected Outcomes
Applying best practices in internal auditing and financial control.
Identifying weaknesses in financial systems and developing solutions.
Enhancing the organization's ability to comply with regulations and standards.
Improving financial and operational performance through effective audit recommendations.
Building an organizational culture based on transparency and accountability.
Target Audience
Internal Audit Managers and Internal Auditors.
Financial Managers and Accountants.
Internal Control and Compliance Officers.
Anyone wishing to develop their skills in financial auditing and control.
What's Included
Price
4500
Start Date
Monday 24 August 2026
Duration
One training week (5 days)
Language
Arabic or English
Venue
Luxury Training Hall, Dubai
Certificate
Accredited Certificate