An intensive professional development training course on
Financial Statement Review and Internal Controls
Strengthening Oversight, Transparency, and Financial Integrity
Why Choose Financial Statement Review and Internal Controls Training Course?
In an increasingly complex financial and regulatory landscape, organizations must ensure their financial statements are both accurate and compliant, while also maintaining a robust internal control framework. This Financial Statement Review and Internal Controls training course offers a deep dive into the essential skills required to effectively review financial statements and evaluate internal controls in alignment with best practices and international standards.
Participants will gain the knowledge necessary to identify discrepancies, assess financial performance, ensure compliance with relevant frameworks such as IFRS or GAAP, and evaluate internal control systems using globally recognized models like COSO. Designed for professionals involved in financial management, auditing, or compliance, this training blends technical knowledge with practical tools to enhance decision-making and reduce organizational risk.
What are the Goals?
By the end of this training course, participants will be able to:
- Conduct thorough reviews of financial statements for accuracy and compliance
- Understand and apply key financial ratios and performance indicators
- Identify irregularities or red flags in financial reporting
- Evaluate the design and implementation of internal control systems
- Integrate financial review findings into risk management and governance frameworks
- Support strategic financial decision-making through data-driven insights
Who is this Training Course for?
This training course is suitable to a wide range of professionals but will greatly benefit:
- Internal and External Auditors
- Financial Controllers and Analysts
- Accountants and Accounting Managers
- Finance and Budgeting Officers
- Risk Management and Compliance Professionals
- Corporate Governance Officers
- Public Sector Financial Administrators
How will this Training Course be Presented?
This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes an interactive mixture of lecture-led learning & group discussions.
The Course Content
- Objectives and components of financial statements
- Roles and responsibilities in the financial statement review process
- The link between financial reporting and internal controls
- Common reporting frameworks: IFRS vs. GAAP
- Understanding key financial disclosures
- Analytical review procedures: trend, variance, and ratio analysis
- Identifying inconsistencies and unusual transactions
- Revenue recognition and expense classification issues
- Evaluating asset valuation and impairment
- Reviewing liabilities, contingencies, and off-balance-sheet items
- Definition and significance of internal control systems
- The COSO Internal Control – Integrated Framework
- Control environment
- Risk assessment
- Control activities
- Information & communication
- Monitoring
- Types of controls: preventive, detective, corrective
- Internal control documentation and flowcharts
- Evaluating the adequacy and effectiveness of controls
- Techniques for control testing and sampling
- Identifying control weaknesses and their financial impact
- Internal controls and fraud prevention
- Combining findings from financial reviews with internal control assessments
- Risk-based approach to financial audits
- Reporting results to stakeholders: internal audit reports and recommendations
- Developing action plans for control improvement
- Case study: full review of a company's financial statements and control systems
Certificate and Accreditation
- AZTech Certificate of Completion for delegates who attend and complete the training course
In Partnership With
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Available Sessions
Frequently Asked Questions
Once your registration is successfully completed, you will receive a confirmation email within 24 hours. This email will contain your registration details, invoice, and the necessary joining instructions for the course.
Yes, we offer tailored corporate training solutions to meet your organization’s specific needs. Please contact us at info@aztechtraining.com or call +971 4 427 5400 for more information.
There are several convenient ways to register for our training programs:
- Online: Explore our training calendar, choose the course that suits your needs, and click the “Register Now” button on the course details page.
- Email: Share your details, including your name, organization, email address, and selected course, by sending an email to info@aztechtraining.com
- Phone: Reach out to us directly at +971 4 427 5400 or +971 4 427 5407, and our team will guide you through the registration process.
The training fees include full access to the training venue, along with comprehensive training materials to enhance your learning experience. Additionally, participants will be provided with writing supplies and stationery. To ensure comfort and convenience, the fee also covers lunch and refreshing coffee breaks throughout the duration of the course.
Our training programs are hosted at luxurious five-star hotels in prestigious destinations across the globe. Some of our popular locations include Dubai, London, Kuala Lumpur, Amsterdam, New York, Paris, Vienna, and many other iconic cities.
