Managing Internal Control—FA 5006

22nd March - 26th March 2021 (London, UK) 6th September - 10th September 2021 (London, UK) 13th December - 17th December 2021 (London, UK)

Course Overview

Internal Control is the process designed and implemented by those charged with the governance of the organization and others to provide reasonable assurance about the achievement of its objectives with regards to:

  • There liability of financial reporting
  • The effectiveness and efficiency of operations
  • Compliance with appropriate laws and regulations


Learning Outcome

Delegates will at the end of the course learn:

  • The elements of internal control
  • The control environments,
  • The entity risk assessment process,
  • The information system
  • Control activities and monitoring of controls
  • Identify procedures & practices other than control environment used to ensure that

the entity’s objectives are achieved, these include among others: authorization, physical controls , management controls, segregation of duties etc.

  • Limitation of internal control


Indicative Contents

  • Overview of internal control
  • The use of internal control systems by the auditors
  • Transaction cycles (revenue, purchases, payroll, inventory, capital expenditure)
  • The evaluation of internal control systems by auditors including internal control checklists & tests of control system
  • Financial reporting process


More Detail
Duration This is a one-week programme spread over 5 working days. working days
Certification A certificate of completion is issued on successful completion of the programme.
Location London-UK
Travel and accommodation Travel and accommodation to be paid for at source by delegates
Fees Course fees for tuition, materials and certification: £3,750(Excl.VAT)per delegate for 1 week.
Zenith Professional Training