Internal Control and Financial Risk Management Course

Strengthen internal control and financial risk management through risk assessment, process controls, fraud prevention, testing, monitoring and reporting.

Finance and Accounting Training Courses Confirmed

Training Locations

This Internal Control and Financial Risk Management Course is available in multiple cities. Please select your preferred location from the list below

Durrës

Albania

Tirana

Albania

Andorra la Vella

Andorra

Escaldes-Engordany

Andorra

Innsbruck

Austria

Salzburg

Austria

Vienna

Austria

Gomel

Belarus

Minsk

Belarus

Antwerp

Belgium

Brussels

Belgium

Banja Luka

Bosnia and Herzegovina

Sarajevo

Bosnia and Herzegovina

Plovdiv

Bulgaria

Sofia

Bulgaria

Dubrovnik

Croatia

Split

Croatia

Zagreb

Croatia

Limassol

Cyprus

Nicosia

Cyprus

Brno

Czech Republic

Prague

Czech Republic

Aarhus

Denmark

Copenhagen

Denmark

Tallinn

Estonia

Tartu

Estonia

Helsinki

Finland

Tampere

Finland

Lyon

France

Marseille

France

Nice

France

Paris

France

Berlin

Germany

Frankfurt

Germany

Hamburg

Germany

Munich

Germany

Athens

Greece

Thessaloniki

Greece

Budapest

Hungary

Debrecen

Hungary

Akureyri

Iceland

Reykjavík

Iceland

Cork

Ireland

Dublin

Ireland

Florence

Italy

Milan

Italy

Naples

Italy

Rome

Italy

Pristina

Kosovo

Prizren

Kosovo

Liepāja

Latvia

Riga

Latvia

Schaan

Liechtenstein

Vaduz

Liechtenstein

Kaunas

Lithuania

Vilnius

Lithuania

Esch-sur-Alzette

Luxembourg

Luxembourg City

Luxembourg

St. Julian's

Malta

Valletta

Malta

Bălți

Moldova

Chișinău

Moldova

La Condamine

Monaco

Monte Carlo

Monaco

Budva

Montenegro

Podgorica

Montenegro

Amsterdam

Netherlands

Rotterdam

Netherlands

The Hague

Netherlands

Ohrid

North Macedonia

Skopje

North Macedonia

Bergen

Norway

Oslo

Norway

Gdańsk

Poland

Kraków

Poland

Warsaw

Poland

Faro

Portugal

Lisbon

Portugal

Porto

Portugal

Bucharest

Romania

Cluj-Napoca

Romania

City of San Marino

San Marino

Serravalle

San Marino

Belgrade

Serbia

Novi Sad

Serbia

Singapore

Bratislava

Slovakia

Košice

Slovakia

Bled

Slovenia

Ljubljana

Slovenia

Barcelona

Spain

Madrid

Spain

Valencia

Spain

Gothenburg

Sweden

Stockholm

Sweden

Bern

Switzerland

Geneva

Switzerland

Zurich

Switzerland

Kyiv

Ukraine

Lviv

Ukraine

Odesa

Ukraine

Dubai

United Arab Emirates

Birmingham

United Kingdom

Edinburgh

United Kingdom

London

United Kingdom

Manchester

United Kingdom

Rome (Vatican-adjacent)

Vatican City

Training Outlines

Introduction

Internal control protects reliable reporting, assets, compliance and disciplined decision-making, while financial risk management addresses exposures that can threaten cash and value. This course integrates both perspectives into a practical assurance framework.

Objectives

Apply an integrated internal-control and risk framework.
Map financial processes, objectives, risks and controls.
Assess control design and operating effectiveness.
Strengthen transaction, reporting and access controls.
Recognise fraud risks and segregation-of-duties conflicts.
Evaluate credit, liquidity, market and counterparty risks.
Develop testing, monitoring and corrective-action plans.
Report control weaknesses and residual financial exposure.

Course Outlines

Day 1: Control and Financial Risk Governance

Control objectives and accountability
Risk appetite, tolerance and escalation
Governance roles and three-lines relationships
Entity-level and process-level controls
Policies, delegations and authority limits
Risk and control assessment planning

Day 2: Process and Transaction Controls

Process mapping and risk identification
Preventive, detective and corrective controls
Approvals, reconciliations and review controls
Segregation of duties and access management
Master data and change controls
Evidence, documentation and control ownership

Day 3: Reporting Integrity and Fraud Prevention

Financial-close and reporting controls
Estimates, journals and management override
Revenue, expenditure and asset controls
Fraud scenarios and red flags
Whistleblowing and investigation interfaces
Data analytics and exception monitoring

Day 4: Financial Risk Assessment

Credit and counterparty risk
Liquidity and funding risk
Interest-rate and currency exposure
Concentration and market risks
Limits, hedging and mitigation principles
Stress testing and scenario analysis

Day 5: Testing, Monitoring and Improvement

Control-testing methods and sampling
Deficiency rating and root-cause analysis
Corrective actions and closure evidence
Key risk and control indicators
Management, audit and board reporting
Control and risk-improvement roadmap

Training Schedule

Below is the table of cities along with the respective dates for the upcoming training sessions of Internal Control and Financial Risk Management Course. Please review the schedule to find the most convenient option for you. You can also use the below search bar to type the city name and filter the results.