ACBPAudit Committee Best Practices
Rating:
English
Intermediate
No available sessions at this moment.
Get in touch with our Training Advisior to find out about the next available sessions.
Download Brochure
Course Overview
The role of the Audit Committee as always been challenging but fruitful for a sound organization governance. Nevertheless, risks and expectations are increasing, leaving the Committee with more responsibilities and challenges.
To assist Audit Committee members in achieving their obligations, best practices are evolving to support them in:
→ Understanding the organization strategy to focus on key risks.
→ Setting a value-added calendar to avoid “audit gaps” and support reporting.
→ Understanding and supporting the internal audit and other assurance functions.
→ Managing ethics and fraud related issues.
During this engaging course, the participants will be able to discuss best practices and leave with comprehensive tools and approaches to apply in their organization.
To assist Audit Committee members in achieving their obligations, best practices are evolving to support them in:
→ Understanding the organization strategy to focus on key risks.
→ Setting a value-added calendar to avoid “audit gaps” and support reporting.
→ Understanding and supporting the internal audit and other assurance functions.
→ Managing ethics and fraud related issues.
During this engaging course, the participants will be able to discuss best practices and leave with comprehensive tools and approaches to apply in their organization.
Key Takeaways
1
Understand Audit Committee core responsibilities and Board expectations.
2
Review best practices and insure flawless implementation.
3
Discuss different approaches based on the organization maturity.
4
Use a comprehensive toolkit to improve Audit Committee performance.
National Association of State Boards of Accountancy
LEORON Professional Development Institute DMCC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org
Course Outline
Day 1: Audit Committee Best Practices
Audit Committee Core Responsibilities
•Evolution of the audit committee and it risks
•Charter and key responsibilities
•Committee composition and proficiency
•Meetings and working agendas
•Annual self-assessment
Financial Reporting and Disclosures
•Reviewing quarterly and annual results (blind spots)
•Management assessment of internal controls over financial reporting
•Budget, forecasts, and other performance assessment
Risk Management and Internal Control
•Reviewing quarterly and annual results (blind spots)
•Management assessment of internal controls over financial reporting
•Budget, forecasts, and other performance assessment
Oversight of the Internal Audit Function
•Appointing the Chief Audit Executive with the right approach
•Planning for priorities
•Reviewing results and issues with management
•Mastering the three lines of defense model
•Supporting role for the Audit Committee
Oversight of External Auditors
•Selecting process and practices
•Materiality setting
•Reviewing results and issues with management
Fraud and Ethics
•Fiduciary responsibilities
•Setting the tone at the top practices
•Whistleblower
Reporting to the Board
•Responsibilities, disclosure, and communication
Who Should Attend?
This highly practical and interactive course has been specifically designed for
This training course is appropriate for senior auditors, audit executives and audit committee members seeking professional development to learn, enhance or implement best practices in their organization.
FAQ
What language will the course be taught in and what level of English do I need to take part in a LEORON training program?
Most LEORON courses are delivered in English. However, there are some courses offered in Arabic, mainly online. For our in-house courses, sessions can be curated and delivered in any language upon request. In general, the best way to confirm language availability is to check with our Enrollment Managers for the most up-to-date information. Simply click on “Let’s talk on WhatsApp” to chat with us directly.
What formats are the courses offered in?
LEORON delivers training in various formats including face-to-face, live virtual sessions, self-paced learning, in-house delivery as well as online courses.
Are LEORON Public courses certified by an official body/organization?
Yes, most LEORON public courses are accredited by internationally recognized bodies such as CIPD, ATD, PMI, EdEx, and many others—depending on the course.
Who accredits LEORON’s training programs?
LEORON partners with over 20 international bodies such as PMI, CIPD, ATD, EdEx, NASBA, CISI, GARP, HRCI, SHRM, ACCA, ASQ, IIA, ILM, IAC, and others
Are CPD points or PDUs provided?
Yes, learners can earn CPD credits and professional development units (PDUs) including NASBA CPEs, PMI PDUs, CISI, GARP, HRCI, SHRM, and more.
How can I register for a course?
You can register through our website by filling in the inquiry form, or by speaking directly with one of our consultants via WhatsApp or email. Once we confirm your interest, we’ll guide you through the steps.
When is the registration deadline for public courses?
Registration typically closes 14 days before the course start date, with occasional late registrations accepted upon confirmation
What is included in the course fee?
The fee generally covers 5-star venue facilities, training materials, certified instruction, lunches and refreshments, plus certification and membership where applicabl0065
Are there group rates or discounts?
Yes, group bookings and corporate-level discounts are available. Learners are encouraged to reach out to discuss specific arrangements
What support is available with registration?
Enrollment Managers and a Registration Desk assist with the entire process, including deadlines, travel logistics, and course customization. As well as any other special requests you might have. Simply to go your preferred course and click on “Let’s chat on WhatsApp” to do so.
Can I request a bespoke course at my location or within my organization?
Yes, in-house training is fully customizable in terms of curriculum, language, delivery, and timing. You can suggest dates and locations. Simply to go your preferred course and click on “Let’s chat on WhatsApp” in order to address any questions or concerns in this regards.
What is the refund or cancellation policy?
Refund and cancellation policies vary depending on the course type and location. Generally, cancellations made at least 14 days before the course start date may be eligible for a full or partial refund, while cancellations made closer to the course date may incur a fee. For exact terms, please consult your Enrollment Manager or refer to the course confirmation email.
Can I register multiple employees from my company?
Yes. We support group registrations and offer corporate packages for organizations enrolling multiple participants. Our team can help coordinate the logistics for group bookings.
Who should attend these courses?
LEORON caters to a variety of professionals: from those seeking leadership development to project managers, HR specialists, finance professionals, cybersecurity, procurement, Ai enthusiasts and many others.
Do I need prior experience or academic qualifications?
Not always. Many specialized paths, like cybersecurity, accept learners without prior experience. However, some courses (e.g., PMI PDU-based ones) may have recommended prerequisites. Its always better to chat with one of our Enrollment Managers to discuss more. Simply to go your preferred course and click on “Let’s chat on WhatsApp” to do so.
Will I receive a certificate after completing the course?
Yes. Upon full attendance and successful completion, you will receive a certificate of participation or accreditation, depending on the course.
Are meals and refreshments included in face-to-face courses?
Yes. For in-person courses, lunch and coffee breaks are provided daily at the venue.
Can LEORON deliver a course in-house at our organization?
Absolutely. All programs can be delivered privately at your company or virtually for your team, customized to match your internal goals and structure.
Reviews
- Review:ACBP Audit Committee Best PracticesDating back to 2014, Mobily’s “LEORON” experience has grown from a single collaboration to a long-term partnership. We consider ‘’LEORON” Institute as a strategic partner, whose contribution has been nothing but premium in equipping our staff with field-based knowledge and information. Past three years have resulted with an expanded collaboration with superior customer service and support. Best Regards,Turki S. AlsahaanDir L&D, Talent Management at Mobily, Etihad Etisalat Company
- Review:ACBP Audit Committee Best PracticesSince the partnership was signed between BAE Systems Saudi Development & Training and LEORON in 2017, we have been working together to offer the Saudi market a complete portfolio of training solutions benefiting from the wide and extensive experience of both parties. Recognizing the great success of this partnership, we are looking for further collaborations in the future that will position both companies as one of the leading training providers in Saudi Arabia. We thank the LEORON team for their full cooperation and continuing support, and look forward to further success together in the years to come.Emad AlrajihVP, Business Winning at BAE Systems Saudi Development & Training
- Review:ACBP Audit Committee Best PracticesWe have been working with LEORON for the past two years and will be working with them again this upcoming year. The programs they delivered were fruitful and exciting and our organization has received positive feedback from the participants. What our organization aims to do is to provide at no cost training for all the private sector employees so that they may benefit from our offered programs in Innovation and Professional development. Leoron has helped us achieve this goal. We look forward to continuing this service and wish them the best of luck. Regards,Nasser M. Al-SubaieSr. Program Officer, Enterprise Learning & Human Development at Kuwait Foundation for the Advancemen
- Review:ACBP Audit Committee Best PracticesIn recognition of their dedication and contribution supporting IKEA Saudi Arabia in arranging training programs during 2017 & 2018, looking forward for more development and exciting effort this year. On behalf of IKEA Saudi Arabia, THANK YOU!Dalal KutbiCountry Learning & Development Manager at IKEA Saudi Arabia
