Course in Integrated Skills in Control and Auditing

The Integrated Skills in Control and Auditing Course is a comprehensive program designed to strengthen the quality of financial and administrative performance within organizations. Control and auditing extend beyond verifying financial transactions; they encompass monitoring operational and administrative processes, evaluating compliance with policies and procedures, and ensuring adherence to local and international regulations. Organizations today face increasing challenges due to economic fluctuations, competitive pressures, and operational complexities, making precise skills in control and auditing essential for effective decision-making and risk management. This program, offered by Geneva Institute of Business Management, aims to provide participants with a thorough understanding of internal control and financial and administrative auditing. It introduces the latest methods and digital tools that facilitate data analysis and evidence-based decision-making. The course emphasizes both theoretical knowledge and practical skills necessary for performance evaluation, detecting deviations and irregularities, and promoting transparency and governance within organizations. Participants will gain the ability to design and implement integrated control systems, prepare accurate and reliable reports that support leadership in improving strategic and operational performance, and enhance their capacity to handle complex challenges in today’s dynamic work environment.

Target Group:

• Internal auditors and financial controllers.

• Compliance officers and corporate governance professionals.

• Accountants and auditors seeking to enhance their practical skills.

• Executives and managers aiming to understand integrated control and auditing processes.

• Financial and administrative consultants interested in developing control and auditing systems.

Objectives:

• Equip participants with a solid understanding of the principles and types of control and auditing.

• Develop participants’ ability to analyze financial and administrative data for performance evaluation.

• Enhance participants’ skills in designing and implementing effective control systems within organizations.

• Train participants to prepare accurate and reliable reports reflecting auditing and control results.

• Familiarize participants with the latest techniques and best practices in digital auditing.

Course Outline:

• Fundamentals of Internal Control

  • Definition and importance of internal control in organizations.

  • Key principles for designing an effective control system.

  • The relationship between internal control and risk management.

  • The role of internal control in enhancing transparency and efficiency.

• Types and Functions of Auditing

  • Financial and administrative auditing and their objectives.

  • Differences between internal and external audits.

  • The importance of auditing in decision support.

  • The role of auditing in safeguarding assets and ensuring compliance.

• Planning and Organizing Audit Processes

  • Steps for developing an annual audit plan.

  • Defining the scope and objectives of audits.

  • Allocating resources and assigning tasks within audit teams.

  • Preparing schedules to monitor audit activities.

• Risk Assessment in the Workplace

  • Understanding risks and their types in organizations.

  • Linking risks to control and auditing objectives.

  • Tools for measuring and analyzing risks.

  • Developing strategies to mitigate potential risks.

• Control of Financial Operations

  • Monitoring daily financial operations in the organization.

  • Verifying accuracy of financial data and reports.

  • Tracking deviations and analyzing their causes.

  • Preparing precise financial reports to support top management.

• Control of Administrative and Operational Processes

  • Evaluating the effectiveness of administrative and operational procedures.

  • Monitoring compliance with internal policies and procedures.

  • Analyzing administrative performance and linking it to organizational goals.

  • Improving processes to ensure internal efficiency.

• Modern Techniques in Control and Auditing

  • Using software and digital tools in auditing.

  • Applying digital analysis to financial and administrative data.

  • Developing electronic dashboards to monitor performance.

  • Utilizing technology to detect errors and deviations.

• Preparing Control and Audit Reports

  • Structuring financial and administrative reports methodically.

  • Presenting control and audit results clearly and reliably.

  • Transforming raw data into actionable insights.

  • Ensuring comprehensiveness and accuracy of reports for management.

• Financial and Administrative Performance Analysis

  • Comparing actual performance with plans and objectives.

  • Using performance indicators to measure efficiency.

  • Monitoring changes and continuous improvement in performance.

  • Linking financial and administrative analysis to strategic decision-making.

• Best Practices in Control and Auditing

  • Reviewing leading policies and procedures in auditing.

  • Adopting innovative methods to strengthen internal control.

  • Integrating control and auditing with corporate governance.

  • Developing plans to enhance future organizational performance.