Cambridge
Academy
In London

Course Duration: Five Training Days

Course Language : Arabic or English

Include:

Scientific material with TAB

Workshops

Reception and farewell at the airport

Daily lunch

Coffee Break

To register, please contact us by email.

info@caclo.co.uk

Training Objectives:

• Understand the internal control environment.

• Understand the roles and responsibilities of stakeholders.

• Learn techniques to monitor and evaluate internal controls.

• Risk management and how this affects operational efficiency and effectiveness

• Assess the impact of the control environment on external audits.

• Formulate the method of operation for risk-based audits.

Target groups

• External auditors who wish to develop their technical skills

• Internal auditors who want to understand their role in the audit process

• Accountants who want to understand the scope and role of auditing

• Financial managers who want to gain a better understanding of the regulatory audit environment

• Any other professional involved in the preparation of the audit process or the conduct of audit procedures

Training Themes

First Theme: Roles and Responsibilities in Internal Control

• introduction to internal control.

• Corporate governance.

ü Roles of:

• Stakeholders.

• Management.

• Board of Directors

• Internal Audit Committee

• External auditors.

• Staff.

Second Theme: Internal Control Environment

• restrictions and limitations

• Internal control objectives

• Internal control activities

• Fraud and internal control

Third Theme: Monitoring and Evaluation of Internal Control

• Internal control.

• Internal control and process improvement

• Continuous monitoring.

• implementation of best practices

Fourth Theme: Internal Control and External Audit

• Summary of risk analysis

• Risk assessment controls

• Fraud risk assessment

• Monitor design and implementation activities.

• System description.

• control of important risks.

Fifth Theme: Risk Management and Risk-Based Audit

• risk-based audit standards and participation objectives.

• Develop a risk-based audit programme and define procedures.

• risk-based audit matrix and planning.

• Risk management and environmental control