Internal control – from compliance to operational efficiency
  • Accounting standards and methods files - Know how to prepare accounting standards and methods, carry out prospective studies and proceeding with analysis impact assessments.
  • Audit and control - Auditing consolidated accounts under IFRS and French GAAP. Performing a quality audit. Auditing Internal Control
  • Financial risks: counterparty, liquidity, interest rates, exchange rates, marketable securities - Analysis, valuation, risk mapping and hedging strategy: - Counterparty risk: financial analysis and control of rating practices (internal, external) - Liquidity risk: ALM and group cash flow forecast - Interest rate risk: fixed and floating rate debt, bond issues - Foreign exchange risk: exports, imports, hedging, forward - Securities risk: dividends, acquisition and disposal of securities, trading room - Project & investment related risk Managing the identification and valuation of financial and non-financial risks
  • Internal Control - Know and implement internal control policies and the associated control system. Know how to implement internal controls. Key internal control processes and concepts (COSO, segregation of duties, delegation, etc.).

Target audience

- Accounting managers
- Auditeurs internes
- Chartered Accountants, Statutory Auditors
- Consolidation and Accounting Directors
- Financial managers

1 day


This training does not require any particular prerequisite.


– Know the legal obligations with respect to internal control
– Know the most commonly used frameworks (COSO, AMF framework, interaction with SOx) and understand how they apply
– Be able to implement a continuous improvement approach for internal control with a view to increasing operational efficiency

Detailed content

> What is internal control?

– Risk and risk management
– Internal control as a system
– The components of a comprehensive internal control
– Issues and challenges
– Objectives and limits of internal control

> The different frameworks of internal control and regulatory requirements

– COSO model (Committee of Sponsoring Organizations of the Treadway Commission)
– COSO tools and SME requirements
– Applicable French law (Loi de Sécurité Financière) and management report on internal control
– Sarbanes-Oxley Act, Section 404
– French law “Loi Sapin” on the prevention of corruption and on transparency in economic matters and government procedures
– General Data Protection Regulation (GDPR)

> Tools and best practices

– Process documentation and risk mapping
– Assessment and self-assessment of the effectiveness of internal control

> Interaction with governance and the levers to increase operational effectiveness

Why should you attend?

Beyond the legal obligation, internal control is necessary to secure the governance of organizations.
This training programme allows participants to know the principles of internal control and to implement them at the operational level, which is the first step towards building an integrated system.

Training methods and assessment

Presentation based on practical case studies and examples drawn from real-life situations. Reference texts and a self-assessment questionnaire for small and midcaps are provided. Practical approach.
A final quiz assesses knowledge acquisition.
Assessment questionnaire.
A training certificate is delivered at the end of the session.

The trainer is available by e-mail  after the session to answer questions relating to the training.


1 020 € Excl. VAT – 1 224 € Incl. VAT


illustration présentation organisation


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Jonathan C.