Finance and TreasuryFinancial Risk Management and Internal Controls
Control failures are usually discovered as a loss rather than as a control test result, which means the control existed on paper and nobody had checked whether it operated. This course covers making controls real. Delegates work through the financial risks an organisation actually carries, separating credit, liquidity, market and operational exposure, and quantifying each rather than rating it on a colour scale. Control design follows: preventive against detective, and the difference between a control and a procedure. Segregation of duties is covered in organisations too small to segregate properly, since that is the common case. Control testing and evidence are addressed. Treasury and cash controls, payment authorisation and bank reconciliation follow. Reporting controls and the review that catches a misstatement are covered. The course closes on control failures, remediation and reporting risk honestly to an audit committee.
Course objectives
- Separate credit, liquidity, market and operational exposure
- Quantify risk rather than rating it on a colour scale
- Design preventive and detective controls that actually operate
- Apply segregation of duties in a small team
- Test controls and retain evidence that satisfies an auditor
- Control treasury, payment authorisation and reconciliation
- Remediate failures and report risk honestly to an audit committee
Who should attend
- Risk officers and internal auditors in finance functions
- Financial controllers and finance managers
- Compliance officers in banking, insurance, and public entities
- Audit committee members and non executive directors
- Treasury and credit control staff
Course outline
- 01Discovered as a loss, not a test result
- 02Credit, liquidity, market and operational risk
- 03Quantifying exposure
- 04Preventive and detective control design
- 05Segregation of duties in a small team
- 06Control testing and evidence
- 07Treasury, payments and reconciliation
- 08Reporting controls, remediation and the audit committee
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 21 to 23 October 2026 | Online | Online | R6,500 per delegate | Register Now |
| 11 to 13 November 2026 | Durban, South Africa | Classroom | R14,950 per delegate | Register Now |
| 1 to 3 February 2027 | Windhoek, Namibia | Classroom | R14,950 per delegate | Register Now |