Financial Audit and Control Testing Course

Name: Financial Audit and Control Testing Training Course
Availability: InStock

Convert financial-process risks into analytical tests, control evidence, findings, remediation, and continuous monitoring.

Financial Audit and Control Testing Course

At a glance

Duration: 5 days
Format: Classroom
Cities: Chicago, Prague, Dubai, Paris, Bali, Madrid and more
Next session: 11 – 15 October 2026, Chicago
Average fee: 5,800 €

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Financial Audit and Control Testing Training Course

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Overview

Financial Audit and Control Testing Training Course is a five-day course for internal auditors, financial controllers, and assurance professionals who leave with a Financial Audit and Control Testing File. The course converts financial-process risks into scoped tests, analytical procedures, samples, control evidence, findings, and remediation. Participants examine journals, revenue, expenditure, reconciliations, fraud indicators, design effectiveness, operating effectiveness, and continuous monitoring. Agile Leaders Training Center delivers this course on financial audit and control testing.

Who Should Attend

Internal audit functions responsible for financial-process assurance
Financial control functions responsible for control design and operation
Finance functions responsible for journals, reconciliations, revenue, and expenditure controls
Assurance functions responsible for evidence, findings, and remediation
Monitoring functions responsible for financial anomalies and recurring control failures

The course assumes participants already work with financial processes or controls and leaves out introductory accounting, external-audit certification preparation, and full fraud investigations.

Departments and Industries

The course supports financial audit and control testing across regulated, industrial, service, and public-interest environments.

Internal audit, finance, controllership, and compliance departments
Financial services, insurance, and professional services
Manufacturing, energy, and infrastructure organizations
Healthcare, education, and technology organizations
Public service and nonprofit institutions

Learning Objectives

By the end of this course, participants will be able to:

Build financial process and risk-control maps
Apply analytical procedures and sampling methods
Use journal, revenue, expenditure, and reconciliation tests
Evaluate control design and operating effectiveness
Build evidence, findings, and remediation records
Evaluate continuous monitoring and reporting arrangements

Course Agenda

Day 1: Financial Processes Risks and Controls

Financial Process and Control Flow Map
Risk and Control Matrix for Financial Cycles
Control Objective and Assertion Alignment Grid
Inherent and Residual Risk Assessment Scale
Data-Driven Audit Scope and Test Plan

Day 2: Analytics Sampling and Journal Testing

Financial Trend and Ratio Analytical Procedure
Population Profiling and Exception Analysis Method
Audit Sampling Design and Selection Sheet
Journal Entry Risk Indicator Test
Evidence Sufficiency and Reliability Checklist

Day 3: Revenue Expenditure and Reconciliation Controls

Revenue Recognition and Receivable Control Test
Procure-to-Pay and Expenditure Control Test
Payroll and Master-Data Change Test
Bank and General Ledger Reconciliation Review
Financial Fraud Indicator and Escalation Matrix

Day 4: Effectiveness Findings and Monitoring

Control Design Effectiveness Assessment
Operating Effectiveness Test-of-Control Record
Financial Audit Finding and Root-Cause Structure
Remediation Ownership and Follow-Up Tracker
Continuous Control Monitoring Indicator Set

Day 5: Financial Audit and Control Practice

Suggested Exercise: Process Risk and Control Mapping
Suggested Exercise: Analytics Sampling and Journal Test Design
Suggested Exercise: Revenue Expenditure and Reconciliation Testing
Suggested Exercise: Findings Remediation and Monitoring Review
Capstone Exercise: Financial Audit and Control Testing File

Practical Exercises

The course uses suggested activities to connect financial-process risks with defensible control-testing decisions.

Suggested activity: map revenue risks and controls for a technology service provider.
Suggested activity: profile journals and select samples for a manufacturing finance function.
Suggested activity: test expenditure and reconciliation controls in a healthcare organization.
Suggested activity: report a control failure and design a monitoring indicator for follow-up.

FAQs

Who suits financial audit and control testing training, and what does it assume?

Financial audit and control testing training suits auditors and controllers who already work with financial processes and need applied methods for scoping, testing, evidence, findings, and monitoring.

How does financial audit and control testing differ from general internal audit training?

Financial audit and control testing concentrates on financial cycles, journals, analytical procedures, sampling, reconciliations, and control effectiveness rather than the full range of internal audit governance and engagement topics.

How is financial control design effectiveness evaluated?

Financial control design effectiveness is evaluated by testing whether the control objective, responsible role, timing, information source, decision rule, evidence, and escalation path can address the identified risk.

What evidence supports financial control operating effectiveness?

Operating-effectiveness evidence includes complete populations, selected samples, performed procedures, retained records, exception evaluation, reviewer conclusions, and consistent operation across the period examined.

How does continuous monitoring support financial control testing?

Continuous monitoring supports financial control testing by applying defined indicators to recurring data, identifying exceptions, assigning review responsibility, recording disposition, and escalating unresolved control failures.

Conclusion

Participants leave with a Financial Audit and Control Testing File containing process, risk, scope, analytics, sampling, journal, transaction, reconciliation, effectiveness, finding, remediation, and monitoring records. The file changes isolated checks into a traceable testing approach. It provides a working basis for defensible conclusions, assigned corrective action, and recurring control oversight.

credits: 5 credit per day

Course Mode: full-time

Provider: Agile Leaders Training Center

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Showing 21-40 of 74 events

Location	Dates	Duration	Mode	Price
New York	Week 02, 2027 11 – 15 January 2027	5 Days	Onsite	€12,000
Athens	Week 03, 2027 18 – 22 January 2027	5 Days	Onsite	€6,700
Porto	Week 04, 2027 25 – 29 January 2027	5 Days	Onsite	€5,700
Munich	Week 06, 2027 8 – 12 February 2027	5 Days	Onsite	€5,700
Tokyo	Week 07, 2027 15 – 19 February 2027	5 Days	Onsite	€10,000
Abu Dhabi	Week 07, 2027 15 – 19 February 2027	5 Days	Onsite	€4,700
Tbilisi	Week 08, 2027 22 – 26 February 2027	5 Days	Onsite	€5,000
Toronto	Week 08, 2027 28 February – 4 March 2027	5 Days	Onsite	€12,000
London	Week 09, 2027 1 – 5 March 2027	5 Days	Onsite	€5,700
Geneva	Week 09, 2027 7 – 11 March 2027	5 Days	Onsite	€6,200
Rome	Week 10, 2027 8 – 12 March 2027	5 Days	Onsite	€5,700
Doha	Week 10, 2027 14 – 18 March 2027	5 Days	Onsite	€5,500
Zanzibar	Week 11, 2027 21 – 25 March 2027	5 Days	Onsite	€5,500
Zoom	Week 12, 2027 22 – 26 March 2027	5 Days	Online	€1,500
Muscat	Week 12, 2027 28 March – 1 April 2027	5 Days	Onsite	€5,700
Dubai	Week 13, 2027 29 March – 2 April 2027	5 Days	Onsite	€4,500
Cape town	Week 13, 2027 4 – 8 April 2027	5 Days	Onsite	€4,500
Istanbul	Week 14, 2027 5 – 9 April 2027	5 Days	Onsite	€4,500
Manama	Week 14, 2027 11 – 15 April 2027	5 Days	Onsite	€4,700
Lisbon	Week 15, 2027 12 – 16 April 2027	5 Days	Onsite	€5,700

Frequently asked questions

What does this course cover?

OverviewFinancial Audit and Control Testing Training Course is a five-day course for internal auditors, financial controllers, and assurance professionals who leave with a Financial Audit and Control Testing File. The course converts financial-process risks into scoped tests, analytical procedures, samples, control evidence, findings, and remediation. Par…

Are training dates available?

Yes. Available dates and destinations are listed in the course dates section on this page.

How can I register?

Choose an available date on this page and complete the registration form, or send a programme enquiry.

Can I download the course brochure?

Yes. Use the brochure download link provided on this page.

Financial Audit and Control Testing Course