Accounting and Finance
Accounts Payable: Accounting and Management Best Practices
19–23 Oct 2026 · Jeddah
View courseAF-029
Internal Control: Compliance, Operational and Financial
Intensive 5-day course · English, Arabic & European languages
- Duration5 days
- FormatClassroom or live online
- LanguageEnglish, Arabic or a European language
- CertificateARUK Certificate of Attendance
- FeeFrom £2,280 + VAT
Finance and accounting professionals will learn to design, implement and monitor internal controls across this five-day course. It covers the COSO frameworks for Enterprise Risk Management and internal controls, GRC systems, and controls for business cycles including payroll, purchasing and fixed assets. Financial reporting, IT systems and external compliance requirements are also addressed.
Classroom
Public courses in our cities
- 26–30 Oct 2026Jeddah£4,200 + VAT
- 9–13 Nov 2026Frankfurt£2,600 + VAT
- 23–27 Nov 2026Muscat£3,080 + VAT
- 14–18 Dec 2026Rome£3,400 + VAT
- 28 Dec – 1 Jan 2026Manama£3,080 + VAT
- 4–8 Jan 2027Paris£3,600 + VAT
Show 23 more dates
- 18–22 Jan 2027Malaga£3,080 + VAT
- 1–5 Feb 2027Frankfurt£2,600 + VAT
- 15–19 Feb 2027Sarajevo£3,400 + VAT
- 8–12 Mar 2027Barcelona£3,080 + VAT
- 22–26 Mar 2027Dubai£4,200 + VAT
- 12–16 Apr 2027Frankfurt£2,600 + VAT
- 26–30 Apr 2027Riyadh£4,200 + VAT
- 10–14 May 2027Rome£3,400 + VAT
- 24–28 May 2027Doha£4,200 + VAT
- 7–11 Jun 2027Paris£3,600 + VAT
- 21–25 Jun 2027Geneva£4,200 + VAT
- 5–9 Jul 2027Frankfurt£2,600 + VAT
- 19–23 Jul 2027Abu Dhabi£4,200 + VAT
- 9–13 Aug 2027Barcelona£3,080 + VAT
- 23–27 Aug 2027Cairo£2,280 + VAT
- 13–17 Sep 2027Frankfurt£2,600 + VAT
- 27 Sep – 1 Oct 2027Jeddah£4,200 + VAT
- 11–15 Oct 2027Rome£3,400 + VAT
- 25–29 Oct 2027Singapore£4,200 + VAT
- 1–5 Nov 2027Paris£3,600 + VAT
- 15–19 Nov 2027Muscat£3,080 + VAT
- 6–10 Dec 2027Frankfurt£2,600 + VAT
- 20–24 Dec 2027Casablanca£2,280 + VAT
Group discount: 2 delegates 20% · 3 delegates 35% · 5 or more delegates 50%
Can't make these dates? We can run this course for your team on dates that suit you. Ask for custom dates · In-house options
Online (live)
With a trainer, on dates to suit your team
This course can be taught live online by a trainer, in English, Arabic or any European language, for one person or a whole team.
£1,850 + VAT
Group discount: 2 delegates 20% · 3 delegates 35% · 5 or more delegates 50%
Special requests
Tailor this course
Pick what you want changed and we’ll come back with a proposal and price.
Course overview
Internal controls sit at the heart of any organisation's Governance, Risk and Compliance (GRC) system. Without them, financial errors accumulate, regulatory obligations go unmet and operational risks are left unmanaged. Management teams must be able to assess risks, select appropriate responses and enforce the right controls across every part of the business, from the boardroom to the accounts payable team.
The course begins with corporate governance and the COSO frameworks. Both the Internal Controls Framework and the Enterprise Risk Management (ERM) Framework are examined in detail, including their 17 principles and the five-component structure covering control environment, risk assessment, control activities, information and communication, and monitoring. Delegates then work through controls at board level before moving into the specific mechanics of business cycle controls.
Day two is practical. Controls for purchasing, inventory, payroll, sales and fixed assets are all covered. Day three shifts to IT and facilities, examining data safeguarding, building access, communication systems and safety measures. Financial controls, including budgetary controls and management reporting, occupy day four. The fifth day addresses external reporting obligations, covering financial reporting requirements and reporting to labour authorities.
Course objectives
By the end of the course, delegates will be able to:
- Define the Governance, Risk and Compliance (GRC) system
- Design appropriate control responses for identified risks
- Implement internal controls and segregation of duties in business cycles
- Protect data centres and information technology systems
- Maintain financial controls
- Comply with external reporting requirements
Target competencies
- Assessing and responding to risk
- Implementing controls
- Conforming to governance requirements
- Complying with regulations
- Implementing controls in business cycles
- Analysing controls and suggesting improvements
Who should attend
This course suits:
- Finance and accounting professionals
- Accountants seeking to develop practical knowledge
- Certified financial personnel
- Accounting managers and controllers
Training methodology
- Instructor presentations with worked examples
- Delegate presentations of case study results and exercises
Daily agenda
- Day 1
The corporate control environment
- Corporate governance
- Governance, risk, compliance, controls and auditing
- The COSO Internal Controls Framework
- The COSO ERM Framework
- Setting internal control objectives
- The 17 COSO principles for internal controls
- Establishing the control environment
- Assessing risks
- Implementing control activities
- Managing information and communication
- Monitoring activities
- Advantages of COSO control monitoring
- Defining what a control is
- Controls at the board of directors (BOD) level
- Four control objectives for transactions
- The Reason Model for error trajectories
- The nature of controls
- Identifying control deficiencies
- Day 2
Controls in business cycles
- Characteristics of an effective control
- Steps in the control process
- Business cycle reporting
- Authorisations and approvals
- Purchasing and payment cycle controls
- Costing and inventory cycle controls
- Payroll and HR cycle controls
- Collection and sales cycle controls
- Fixed asset life cycle controls
- Day 3
IT and facility administration controls
- Data safeguarding
- Communication system access
- Generating security reports
- Building access controls
- Repair and maintenance controls
- Security and safety controls
- Legal implications of safety measures
- Administration reporting requirements
- Day 4
Financial controls
- Access controls for financial assets
- Financial reporting controls
- Using budgets for control
- Management reporting controls
- Enforcing financial controls through procedures and policies
- Day 5
External reporting
- Decentralised versus centralised reporting
- Requirements for financial reporting
- Reporting to labour authorities
Certificate
Every delegate who completes the course receives an ARUK Training Certificate of Attendance.
Frequently asked questions
How do I register?
Choose a date and city in the schedule and press Register, or send us an enquiry. Our team confirms your place and sends an invoice.
Are fees shown with VAT?
Fees are shown per delegate and exclude VAT, which is added to the invoice where applicable.
Can this course be delivered for our team only?
Yes. Any ARUK course can be delivered in-house at your premises, in a meeting room we book for you, or 1-to-1.
Is this course available online?
Yes. We run it live online with a trainer, on dates that suit your team, for £1,850 + VAT per delegate.
Is there a group discount?
Yes. 20% for 2 delegates, 35% for 3 delegates and 50% for 5 or more delegates on the same course.
Can the course be delivered in Arabic or another language?
Yes. Our courses can be delivered in English, Arabic or any European language, by a trainer who teaches in that language. Mention your preferred language when you register or enquire.
What certificate will I receive?
An ARUK Training Certificate of Attendance.
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