Strategic Internal Auditing (Levels 1 and 2)

Course Information:

Online 20 hours Flexi-date£2,750.00
In-House Agreed with client FlexiblePOA
London 10 days 4 March 2024£7,250
London 10 days 3 June 2024£7,250
London 10 days 25 November 2024£7,250

If you are unable to attend this course on the dates above, please contact us to discuss alternative options.
Please note that prices shown above are exclusive of VAT (20%).

    Please ensure you fill out all fields

    Delegate {{rep-1_index}}

    International Dial Code:*

    Phone Number:*

    *This additional cost will be added to your total course fee.

    *This additional cost will be added to your total course fee. Please provide your flight details at least 5 days prior to your arrival. Hotel location must be within London.


    YesNoDo not need a visa

    My company is paying the course feeI will be paying for the course fee

    Do you have a disability, health condition, or specific learning need for which you require additional support or arrangements to fully participate in this course?

    If you've answered 'Yes' above, please specify the type of accommodations required to ensure that we can make appropriate arrangements.*

    Street Address:*

    Address Line 2 (Optional):

    With your permission, we would also like to keep you updated about programs and/or services similar to the one you are enquiring about as well as special offers, L&D updates and content to help you with your ongoing learning and development. If this is okay please tick the box below

    Yes, subscribe meNo, thank you

    Your personal details are very important to us and we only use them for admin reasons only, unless you have asked to receive our newsletter and marketing. This is in accordance with our Privacy Policy

    If you would like to ask us some questions about this programme, you can fill in our Contact Us form or alternatively use our Chat function by clicking on the WhatsApp icon at the bottom of this page.

    We look forward to hearing from you and will be pleased to help you!

    Contact us

    Download our
    latest brochure

    LCT Brochure 2024
    Download now

    Download our
    latest brochure

    LCT Brochure 2024
    Download now

    Who should attend?

      Delegates who have some auditing experience or professionals from within the financial services sector seeking to develop an advanced strategic auditing toolkit and refine their best practice approach to the enhancement of the internal audit function in private and public sector organisations.


      • Focus on critical enterprise risks and emerging risks from the audit function side
      • Contribute effectively to addressing ongoing organisational business management risks on an outlier basis
      • Link risk reporting to the organisation’s business objectives
      • Effectively use risk reporting in order to advance dialogues around risk appetite
      • Integrate risk reporting with performance reporting
      • Assess and report on whether changes in the external environment affect the critical assumptions underlying the organisation’s strategy


    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 skill set

    Conducting Effective Audits

      • Identifying areas of risk
      • Classifying and quantifying risk areas
      • Developing audit and re-audit frequency in line with risk
      • Overview of emerging threats

    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

    Risk – Based Auditing

      • Identifying areas of risk
      • Identifying new areas of risk
      • Classification and quantification of risk areas
      • Identifying potential interface of existing and new areas of risk
      • Developing audit and re – audit frequency in alignment with risk
      • Overview of emerging and evolving threats

    Audit reports – Working with Stakeholders

      • Effective post audit de-briefing
      • Root cause analysis and remediation recommendations
      • Developing departmental action plans with stakeholders: contributing to the delivery of compliance 2.0
      • Managing conflict situations

    Financial Crime Compliance

      • Record keeping procedures
      • Controls to identify potentially suspicious activities
      • Trade finance transactions
      • Trade processing controls by processing staff
      • Red flagging procedures
      • Pre-determined thresholds systems and controls
      • Escalations
      • Actions taken by senior management
      • Evidence and awareness of senior management evidencing how crime risks evolve in organisational type of business

    Engaging with the Audit Structure

      • Making effective recommendations and business cases
      • Presenting information effectively
      • OSCOLA (Oxford University Standard for the Citation of Legal Authorities) for internal auditors
      • Contributing meaningfully to the development of the long – term audit strategy
      • Upgrading the profile of internal audit within the organisation

    Register now for:
    Strategic Internal Auditing (Levels 1 and 2)


    × Available on SundayMondayTuesdayWednesdayThursdayFridaySaturday