Roles and Responsibilities: Corporate Compliance and Internal Audit

Finance & Accounting · 5 Days · Public · Al-Khobraa certified · From USD 4,500

Overview

Internal auditing is defined by the Institute of Internal Auditors as "an independent, objective assurance and consulting activity designed to add value and improve an organization's operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes." Changes in the regulatory and corporate governance environment have significantly increased the expectations that many stakeholders place on the internal audit function.

Learning Objectives

• Define the scope and function of internal audit within the company
• Distinguish the types of internal audit assignments related to operational, compliance, quality, safety or financial internal audit
• Describe the internal audit planning guidelines and develop a risk-based audit plan
• Apply techniques for risk identification, controls identification and controls testing
• Identify the best sampling techniques in an internal audit assignment considering sample size or sample selection
• Select the appropriate internal audit test tools and list the advantages and disadvantages of each

Who Should Attend

This training course is suitable for a wide range of professionals, but will greatly benefit: Delegates with some experience in auditing as well as junior auditors or professionals from finance or other departments looking to develop a focused and best practices approach to the internal audit function. This course is also suitable for supervisors and managers who are interested in updating, upgrading and refreshing their knowledge of the internal audit function. Target Competencies Risk based audit planning Evaluating risk management frameworks Evaluating internal audit functions Identifying risk Identifying and designing controls Sampling Completing fieldwork audit

• Target Competencies
• Risk based audit planning
• Evaluating risk management frameworks
• Evaluating internal audit functions
• Identifying risk
• Identifying and designing controls
• Sampling
• Completing fieldwork audit

Course Outline

Day 1 — Risk and Internal Audit Overview

• Definition of risk
• Types of risk in an organization
• Strategic, reporting, compliance, operational, financial, and physical
• Scope of corporate governance

Day 2 — Types of Internal Auditing

• Assurance services: the third line of defense
• Performance auditing
• Operational auditing
• Contracts auditing

Day 3 — Risk-Based Internal Audit: Planning the Fieldwork

• Reasons for risk-based audit planning
• Three stages for implementing a risk-based internal audit
• Stage 1: risk maturity assessment
• Actions of internal audit to assess risk maturity

Day 4 — Risk-Based Internal Audit: Conducting Audit Engagements

• Internal audit role in performing the audit
• Assessing risks: inherent, control, detection, and audit risks
• How management and internal audit can minimize risk
• Engagement planning

Day 5 — Technical Tools for Internal Auditors

• Tips and tools for audit sampling
• Information gathered by internal auditors
• 4 qualities of information
• Sources and nature of the information

Accreditation

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

Dates & Venues

Dates	Venue	Delivery	Duration	Fee (USD)
22–26 November 2026	Jeddah, KSA	Public	5 days	4,500
21–25 December 2026	Marrakech, Morocco	Public	5 days	4,500

Enquire about Roles and Responsibilities: Corporate Compliance and Internal Audit · Enquire on WhatsApp

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.

Related Finance & Accounting Courses

• Accounting, Decision Making and Financial Communication
• Accounting and Finance Policies & Procedures
• Accounts Payable: Accounting and Management Best Practices
• Accounts Payable: Planning, Organizing and Achieving Best Practice
• Accounts Reconciliation Strategies and Management
• Adapting the Corporate Budget in the Wake of Unknowns
• Adding Value in Internal Audit Training
• Advance Finance for non-Finance Professional

Browse all Finance & Accounting training courses