Digital Transformation in Audit Readiness
3 days|Delivered on request
This programme examines how the practice is shifting, and what delegates should adopt, adapt or ignore. It works through internal controls and fraud detection as they stand today and where they are heading. The shift is worth understanding because reporting standards keep moving and finance teams carry the consequence of getting them wrong. Delegates leave able to work confidently with financial statement preparation, revenue recognition and financial modelling in their own organisation.
What delegates leave able to do
- Put financial statement preparation on a footing they can defend to a reviewer, measured against GRAP for public entities
- Bring revenue recognition into line with current good practice
- Make a decision about financial modelling without waiting for a specialist
- Explain budgeting and variance analysis to someone who does not do the work
What the course covers
- Internal controls
- Fraud detection
- Financial statement preparation
- Revenue recognition
- Financial modelling
- Budgeting and variance analysis
- Cost allocation
Who should attend
- internal auditors
- CFOs and finance directors
- financial managers
- audit committee members
