Course description
Internal Auditing - Level 1
Upcoming start dates
Training 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
Why choose LCT International
We have trained over 25,000 delegates from almost 500 client organisations
Highly qualified and experienced trainers who offer a unique learning experience tailored to you
Endorsed by various organisational and subject specific accrediting bodies
Reviews
Average rating 4.8
Of all the training courses attended so far in many institutions, LCT tops all. Training very participatory and excellent delivery. Administrative / support staff excellent and ...
I would like to thank the trainer for the whole week he spent with us, delivering the course in a very professional and inspiriational way. He made us feel that the course was p...
Continuing Studies
You may also be interested in the next step - an intermediate level course in Internal Auditing:
- Internal Auditing - Level 2 course
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LCT International - High value, high impact training programmes delivered globally to teams and individuals For almost 30 years we have delivered tangible improvements to organisations by enabling their leaders, managers and professionals to reach their full potential through transformational...
The course was most helpful for me to improve my knowledge of audit and surely will support me as a qualified or certified auditor in my future career. Thank you! Hope to be par...