Professional training course · AF-047
Internal Controls for Finance Teams
Finance teams process payments, revenue, payroll and reporting, so strong internal controls are essential to prevent errors and fraud and to produce reliable financial…
- 5 daysClassroom or online
- 14Upcoming dates
- 7Cities
- £2,250Fees from
Course overview
Why Attend
Finance teams process payments, revenue, payroll and reporting, so strong internal controls are essential to prevent errors and fraud and to produce reliable financial information.
This LLMI course covers control principles, finance process risks, segregation of duties, authorisation and approvals, reconciliations, IT and system controls, documentation, monitoring and responding to control weaknesses. Participants map controls for key finance processes.
Course Objectives
Apply internal control principles in finance
Identify risks in finance processes
Design segregation of duties and approvals
Perform effective reconciliations
Use system and IT controls
Document, monitor and improve controls
Target Audience
Finance managers and controllers
Accountants
Accounts payable and receivable teams
Payroll staff
Internal auditors
Shared services staff
Course Methodology
Process mapping
Control design exercises
Case studies
Group discussions
Reviews
Course outline
-
1Day 1: Control Principles
- Purpose of controls
- Control frameworks
- Preventive and detective controls
- Control environment
- Exercise: Control self-assessment
-
2Day 2: Finance Process Risks
- Payables
- Receivables
- Payroll
- Treasury
- Workshop: Risk mapping
-
3Day 3: Key Controls
- Segregation of duties
- Approvals
- Reconciliations
- Master data
- Exercise: Reconciliation review
-
4Day 4: System Controls
- Access controls
- Automated controls
- Change management
- Data integrity
- Case study: Payment fraud
-
5Day 5: Monitoring
- Documentation
- Testing
- Deficiencies
- Continuous improvement
- Capstone: Finance control framework
Schedule
Dates and fees
14 upcoming dates in 7 cities. Fees are per delegate; bring colleagues and every seat is discounted. Every date can also be joined live online for £1,280.
No dates in this city right now. Request a quotation and we will suggest the nearest date.
Join the class in real time from your office or home: live sessions with the trainer, group discussion, course materials and a certificate of completion. Joining details are emailed before the course starts.
Questions
Frequently asked questions
How long is the Internal Controls for Finance Teams course?
The course runs over 5 days of classroom training, usually Monday to Friday.
When is the next Internal Controls for Finance Teams course?
The next public date is 16 - 20 Nov 2026 in Kuala Lumpur. There are 14 upcoming dates in total.
Where is this course held?
Upcoming sessions run in Kuala Lumpur, Barcelona, Cape Town, Frankfurt, London, Rome, Paris.
Can I take Internal Controls for Finance Teams online?
Yes. Every date can also be joined live online in a virtual classroom with the trainer, for £1,280 per participant. Choose "Live online" in the dates table when you register.
How much does the course cost?
Fees start from £2,250 per delegate, depending on the city. Fees include tuition and course materials.
Do participants receive a certificate?
Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.
Can this course be delivered in-house for our team?
Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.
Course information last updated 14 November 2026.
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