Build the control framework around internal audit and financial control that an examiner would accept.
Internal Audit and Financial Control in Banking Institutions
An applied course in internal audit and financial control built around the decisions practitioners actually face.
📍 Tripoli🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
In finance the difference between a healthy position on internal audit and financial control and a dangerous one is often a single assumption. Models supporting financial control fail quietly, and usually at the worst moment. The most reliable predictor of sound the financial and banking practice discipline is whether anyone reviews it when nothing has gone wrong. Cases are chosen to expose the trade-offs in internal audit and financial control rather than to illustrate ideal conditions. The material serves both public bodies and commercial organisations dealing with this strand of financial and banking practice. The course leaves participants able to diagnose weaknesses in financial control before they become incidents. Improvement in internal audit and financial control stalls when it depends on one capable individual rather than a defined method. Content is organised around the decisions practitioners actually face in financial control, not around theory headings. It closes by agreeing the smallest change to the financial and banking practice discipline that would make a visible difference.
Expected Learning Outcomes
Estimate what financial control costs to run properly, and what is lost when it is not.
Apply the relevant accounting and disclosure treatment to internal audit and financial control.
Establish escalation routes for financial control that work outside normal hours.
Diagnose whether a problem in internal audit and financial control is one of design, resourcing or discipline.
Prepare the regulatory submissions arising from financial control.
Stress test internal audit and financial control against scenarios that are plausible rather than comfortable.
Who Should Attend
Financial technology and change staff modernising internal audit and financial control.
Compliance officers overseeing financial control.
Regulatory reporting analysts covering internal audit and financial control.
Internal auditors reviewing the controls around financial control.
Compliance and governance staff whose remit includes internal audit and financial control.
Planning staff whose forecasts and budgets are affected by financial control.
Course Modules
Internal audit and financial control: capital, liquidity and balance sheet effect
2 sessions · 8 pointsSession 1The paperwork for internal audit and financial control that is actually needed
- Build the competence framework that supports internal audit and financial control.
- Define acceptance criteria for financial control in advance.
- Plan the sequence in which improvements to internal audit and financial control will be introduced.
- Translate the appetite for financial control into limits someone monitors daily.
Session 2The control on financial control that looks strong and is not
- Confirm that contractual obligations around internal audit and financial control are understood.
- State the risk appetite for financial control as a number, not an adjective.
- Verify reconciliation and settlement controls covering internal audit and financial control.
- Check the legal and contractual exposure created by financial control.
Financial control: reporting that supports a decision
2 sessions · 8 pointsSession 1Concentration building quietly inside financial control
- Rehearse the briefing on internal audit and financial control that would follow an incident.
- Establish the boundary of financial control and record what sits outside it.
- Record what was learned when internal audit and financial control did not go as planned.
- Remove steps in financial control that add effort without adding assurance.
Session 2Handling a breach of policy on financial control properly
- Confirm reporting on internal audit and financial control reaches the committee that can act on it.
- Check that financial control still works when volumes rise unexpectedly.
- Agree who signs off internal audit and financial control and record that they did.
- Prepare the evidence pack demonstrating financial control operated as designed.
Financial control: stress testing and scenario analysis
2 sessions · 8 pointsSession 1Where financial control typically breaks, and why
- Collect evidence on the present handling of internal audit and financial control before proposing changes.
- Distinguish symptoms from causes when financial control underperforms.
- Document the remediation plan for each known weakness in internal audit and financial control.
- Confirm segregation of duties across initiation, approval and settlement of financial control.
Session 2What internal audit and financial control does to capital and liquidity under stress
- Assess the capital consumed by internal audit and financial control under current and stressed conditions.
- Set out how exceptions to financial control are requested and approved.
- Test internal audit and financial control against a scenario the organisation would rather not model.
- Set early warning indicators for financial control with defined action thresholds.
Financial control: the control framework and segregation of duties
2 sessions · 8 pointsSession 1Evidencing that financial control worked as designed
- Identify the key controls over internal audit and financial control and who tests them.
- Test the procedure for financial control against a realistic scenario.
- Confirm client due diligence standards applied to internal audit and financial control are current.
- Review concentration by counterparty, sector and geography inside financial control.
Session 2The hard cases in financial control and how to reason about them
- Compare the cost of internal audit and financial control with the cost of its absence.
- Estimate the resource financial control requires to run as designed.
- Confirm regulatory reporting on internal audit and financial control is complete, timely and reconciled.
- Define the trigger that would require financial control to be redesigned.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Gold Package
At least 3 people
USD1,850
- 5-night stay in a 5-star hotel
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Complete your registration
We will contact you within one business day to confirm.