A Highly Interactive Training Course On

Financial Statement Review and Internal Controls

Strengthening Oversight, Transparency, and Financial Integrity

Classroom Sessions
21-25 Jul 2025
Dubai
$5,950
03-07 Nov 2025
Dubai
$5,950
02-06 Feb 2026
Dubai
$5,950
20-24 Jul 2026
London
$5,950
07-11 Dec 2026
Amsterdam
$5,950

Course Introduction

As the financial and regulatory landscape becomes more complex, organizations must ensure their financial statements are accurate, compliant, and supported by an effective internal control system. This Financial Statement Review and Internal Controls training course provides a thorough exploration of the critical skills needed to analyze financial statements and assess internal controls in accordance with best practices and international standards.

Participants will develop the expertise to detect discrepancies, evaluate financial performance, ensure compliance with frameworks such as IFRS or GAAP, and assess internal control systems using globally recognized models like COSO. Aimed at professionals in financial management, auditing, and compliance, this course combines technical knowledge with practical tools to strengthen decision-making and reduce organizational risk.

Training Objectives

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

  • Conduct thorough reviews of financial statements for accuracy and compliance
  • Understand and apply key financial ratios and performance indicators
  • Identify irregularities or red flags in financial reporting
  • Evaluate the design and implementation of internal control systems
  • Integrate financial review findings into risk management and governance frameworks
  • Support strategic financial decision-making through data-driven insights

Training Methodology

This training course will utilise a variety of proven adult learning techniques to ensure maximum understanding, comprehension and retention of the information presented. This includes an interactive mixture of lecture-led learning & group discussions.

Who should Attend?

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Internal and External Auditors
  • Financial Controllers and Analysts
  • Accountants and Accounting Managers
  • Finance and Budgeting Officers
  • Risk Management and Compliance Professionals
  • Corporate Governance Officers
  • Public Sector Financial Administrators

Course Outline

Day One: Overview of Financial Statements and Their Review
  • Objectives and components of financial statements
  • Roles and responsibilities in the financial statement review process
  • The link between financial reporting and internal controls
  • Common reporting frameworks: IFRS vs. GAAP
  • Understanding key financial disclosures
Day Two: Techniques for Financial Review and Performance Evaluation
  • Analytical review procedures: trend, variance, and ratio analysis
  • Identifying inconsistencies and unusual transactions
  • Revenue recognition and expense classification issues
  • Evaluating asset valuation and impairment
  • Reviewing liabilities, contingencies, and off-balance-sheet items
Day Three: Introduction to Internal Controls
  • Definition and significance of internal control systems
  • The COSO Internal Control – Integrated Framework
  • Control environment
  • Risk assessment
  • Control activities
  • Information & communication
  • Monitoring
  • Types of controls: preventive, detective, corrective
Day Four: Assessing and Testing Internal Controls
  • Internal control documentation and flowcharts
  • Evaluating the adequacy and effectiveness of controls
  • Techniques for control testing and sampling
  • Identifying control weaknesses and their financial impact
  • Internal controls and fraud prevention
Day Five: Integrating Financial Review and Internal Control Evaluation
  • Combining findings from financial reviews with internal control assessments
  • Risk-based approach to financial audits
  • Reporting results to stakeholders: internal audit reports and recommendations
  • Developing action plans for control improvement
  • Case study: full review of a company's financial statements and control systems

Providers and Associations

Anderson
Anderson
Aztech Training
Aztech Training
Coventry
Coventry

Certificates

  • COPEX Certificate of Attendance will be provided to delegates who attend and complete the course
Whats Makes Copex Courses Unique?

COPEX Training is your gateway to professional growth, with over 20 years of experience turning potential into success. Each year, we deliver over 1,000 courses in 50+ countries, earning a stellar 98% satisfaction rate. Trusted by global giants like BP, the United Nations, and HSBC, we partner with top certification bodies to provide career-focused training that empowers individuals and drives organizational breakthroughs. Our mission? To transform the way professionals learn and grow in today’s fast-changing industries. Through expert insights, cutting-edge methods, and hands-on approaches, we equip you with the skills and confidence to tackle challenges, seize opportunities, and thrive in your career.

Led by a passionate leadership team and supported by a network of world-class trainers, COPEX Training connects professionals worldwide with life-changing opportunities. We are committed to excellence, ensuring every participant leaves with the tools, expertise, and confidence to conquer an ever-evolving world.

Frequently Asked Questions

This FAQ section provides quick answers to the most common questions about our services, procedures, and policies. We aim to make your experience with us as straightforward as possible. For further assistance, our support team is ready to help.

What is COPEX?

COPEX stands for “The Centre for Operations & Procurement Excellence”. Our courses are designed to develop and enhance the skills and knowledge of professionals across various sectors.

What are the benefits of attending COPEX training courses?

Enhanced Skills: Develop in-demand skills and knowledge in your chosen field.
Career Advancement: Improve your career prospects and increase your earning potential.
Increased Confidence: Gain confidence in your abilities and enhance your professional presence.
Networking Opportunities: Connect with other professionals and industry experts.
Improved Job Performance: Enhance your productivity, efficiency, and job satisfaction.
Personal Growth: Develop valuable personal and professional skills that can benefit you in all areas of life.

What makes COPEX training courses unique?

Experienced Instructors: Courses are delivered by highly qualified and experienced instructors with industry expertise.
Interactive Learning: Engaging and interactive learning methods, including workshops, simulations, case studies, and group discussions.
Practical Application: Focus on practical skills and real-world applications, enabling you to apply your learning immediately.
Flexible Learning Options: A variety of course formats available, including classroom training, online courses, and blended learning.
Certification & Recognition: Upon successful completion, you may receive industry-recognized certifications.

What is the cost of COPEX training courses?

The cost of COPEX training courses varies depending on the course duration, content, and delivery method.

How can I register?

There are several ways to register in our public training courses:
Online – Browse the Training Plan, select the course of choice, click on the button
“Register Now” inside the course outline page.
E-mail – Send the details (name, company name, email address and training course of
choice) of your nomination to [email protected]
Telephone – +971 4 368 6886 or +971 50 106 2750

When will I receive the confirmation for my registration/s?

Upon successful registration, processing window will take not more than 24 hours from the time of registration. An email including the registration confirmation, invoice and joining instructions will be sent to the provided email address.

What is included in the training fee?

Published training course fees are inclusive of the training venue, training manual, writing materials, lunch and coffee breaks with refreshments over the entire duration of the training course.

What are the available payment methods?

The training course fee can be settled by either:

  • Bank transfer
  • Credit Card

How many hours per day, and what are the timings of your training courses?

Our training courses will run for 5 hours per day. The standard daily timing is from 8:30 am – 3:30 pm including the coffee/tea breaks and lunch.

Where do you usually hold your training courses?

Our training courses courses are being held at five-star hotels in prime and iconic destinations across the globe. Cities such as Amsterdam, Barcelona, Dubai, Geneva, Istanbul, Kuala Lumpur, London, Houston, New York, Paris, Vienna, Zurich, etc.

Do you provide hotel booking assistance to your delegates?

Once officially registered, we can assist by providing the corporate rates provided by the hotel where the training course will be conducted. Early confirmation will enable us to secure the room at reduced rates

In case of failure to attend, what is your cancellation policy?

Our cancellation policy varies depending on the circumstances presented. Generally, cancellations must be initiated in formal writing at least 14 days prior to the commencement date of the training course. Further, the option to shift an existing registration to another training course on a later date is possible. Otherwise, a full refund will be initiated.

What will I receive after the training course?

Delegates who will attend and successfully complete the training course will earn a COPEX Certificate of Completion. This certification is designed to validate the successful knowledge transfer, and that the desired learning objectives and outcomes to further advance your professional competency are achieved.

We can customize this
training course for you!

At Copex Training, we offer customizable courses designed to fit your specific needs. whether it's refining procurement practices or enhancing leadership and management skills, we tailor our programs to meet your unique goals and challenges. Let us create a training solution that delivers real results for your team.
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