Developing, Improving and Monitoring the Internal Audit Function

Finance & Accounting · 5 Days · Public · Al-Khobraa certified · From USD 3,900

Overview

Delegates attending this course will have the desire to set up or improve their own organization’s internal audit function. The development, monitoring, and continuous improvement of a highly-integrated, internal audit function are essential for the continued financial success, stability, and growth of a world-class organization.

Learning Objectives

• Navigate through the features and functions of Excel®
• Distinguish between data and output in spreadsheet architecture
• Analyze financial statements in order to plan ahead
• Build effective financial planning models
• Use forecasting techniques for budget preparation

Who Should Attend

This training course is suitable for a wide range of professionals but will greatly benefit:

• Financial and non-financial professionals
• Professionals in Audit & Governance
• Finance, accounting and audit professionals

Course Outline

Day 1 — Defining and Developing the Internal Audit Process and Establishing the Roles within the Internal Audit Dept.

• Defining, developing, and implementing an Internal Audit Function
• Defining the distinctions and responsibilities between Internal and External Auditors
• Identifying the Internal Audit Staff Positions
• Developing the Audit Committee Charter for a Board of Directors

Day 2 — Examining & Understanding the Differences between Various Types of Audits, including Risk Factors

• Operational Audits
• Financial Audits
• Compliance Audits
• Fraud and Forensic Audits

Day 3 — Selecting, Procedural Planning & Commencing Internal Audit Examinations

• Developing Streamlined Processes for Conducting Internal Audit Examinations
• Identifying Effective Audit Programs for the Various Types of Audits
• Evaluating and Selecting Internal Audit Methodologies
• Notifying the Internal Auditee and Supervisors of the Internal Audit Examination and Promoting Cooperation and Assistance in Achieving Common Goals

Day 4 — Managing Internal Audit Examinations & Ensuring the Credibility for the Internal Audit Team

• Planning the Audit Commencement Conference Meeting
• Accumulating Relevant Documentation during the Internal Audit Process
• Professional Standards and Responsibilities Associated with Internal Auditing Documentation
• Tools and Methods for Ensuring a Smooth Audit Process

Day 5 — Issuing Reports, Conducting Exit Conferences & Implementing Corporate Governance Policies

• Communicating Audit Findings and Suggestions for Areas of Improvement
• Planning the Audit Exit Conference Meeting
• Distributing the Final Internal Audit Report within the Organization
• Conducting Post-Audit Reviews

Accreditation

Al-Khobraa certified. On completion delegates receive an Al-Khobraa certificate of achievement.

Dates & Venues

Dates	Venue	Delivery	Duration	Fee (USD)
23–27 November 2026	Botswana, Southern Africa	Public	5 days	4,500
13–17 December 2026	Istanbul, Turkey	Public	5 days	4,500

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Frequently Asked Questions

What do Al-Khobraa finance and accounting courses cover?

The portfolio covers IFRS (International Financial Reporting Standards) and IPSAS, financial analysis and reporting, budgeting and forecasting, cost and management accounting, accounts payable and receivable, internal controls and audit, and finance for non-finance managers.

Who should attend a finance and accounting course?

These courses suit accountants and financial analysts, finance managers and controllers, budgeting and planning staff, internal auditors, accounts payable and receivable teams, and non-financial managers who own a budget or read financial statements.

How long are finance and accounting courses, and where are they held?

Most Al-Khobraa finance and accounting courses run over 5 days. The exact duration, dates and city for this course are listed in the dates section on this page. Public sessions run across Saudi Arabia — Riyadh, Jeddah, Al-Khobar, Jubail and Yanbu — as well as regional and international venues, with live virtual classrooms available on request.

What certificate will I receive?

Delegates who complete the course receive an Al-Khobraa certificate of completion, issued by a Saudi-registered training provider. Al-Khobraa also delivers internationally accredited programmes; where a course carries an external awarding body such as PMI, CIPS, ILM or IOSH, that body is named on the course's own page.

Can finance and accounting training be delivered in-house for our team?

Yes. Any Al-Khobraa finance and accounting course can be delivered in-house at your own premises anywhere in Saudi Arabia or the GCC, with the content, dates and language of delivery tailored to your team. Al-Khobraa is an approved HRDF (Hadaf) provider, so eligible Saudi employers can seek training support. Contact us for a quotation.

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