Effective Audit Committees

Effective Audit Committees

Intermediate | 5 days | Face to Face / Online / Elearning | Certificate
01

Course Overview

Course Summary
Course Title Effective Audit Committees
Organization Tech For Development (T4D)
Venue Tech For Development (T4D) Training Centre
Duration 5 days
Target Industries
Target Job Roles
Course Fees (Face-to-Face) USD 1,500/KES 99,000 (Exclusive of VAT)
Course Fees (Virtual) USD 1,000/KES 70,000 (Exclusive of VAT)
Training Modes Virtual and face-to-face training
Payment Payment should be made to the Tech For Development (T4D) bank account on or before the start of the course
Accreditation Tech For Development Certificate of Course Completion

Course Introduction

Audit Committees play a crucial role in corporate governance by overseeing financial reporting, internal controls, and risk management processes. This course is designed to equip participants with the knowledge and skills necessary to enhance the effectiveness of audit committees in the banking and finance sector. Participants will learn best practices for audit committee operations, understand regulatory requirements, and develop strategies to improve oversight and accountability.

Duration

5 days

Target Audience

Board members, audit committee members, internal auditors, external auditors, compliance officers, and senior management professionals in the banking and finance sector.

Organizational Impact:

  • Strengthened governance and oversight functions.
  • Improved financial reporting accuracy and transparency.
  • Enhanced risk management and internal control processes.
  • Increased regulatory compliance and reduced risk of legal issues.

Personal Impact:

  • Deepened understanding of audit committee roles and responsibilities.
  • Improved skills in overseeing financial and risk management processes.
  • Enhanced ability to contribute effectively to audit committee activities.
  • Increased confidence in governance and oversight roles.

Course Objectives:

  1. Understand the roles and responsibilities of audit committees in corporate governance.
  2. Learn best practices for audit committee operations and decision-making.
  3. Gain insights into regulatory requirements and compliance obligations for audit committees.
  4. Develop strategies for effective oversight of financial reporting and internal controls.
  5. Enhance skills in risk management and audit committee communication.
02

Course Modules

Course Outline:

Module 1: Introduction to Audit Committees

  • Role and importance of audit committees in corporate governance.
  • Key responsibilities and functions of audit committees.
  • Legal and regulatory framework governing audit committees in the banking and finance sector.

Module 2: Best Practices for Audit Committee Operations

  • Structure and composition of effective audit committees.
  • Meeting practices and decision-making processes.
  • Developing and implementing audit committee charters and agendas.

Module 3: Financial Reporting Oversight

  • Understanding financial statements and key financial metrics.
  • Oversight of financial reporting processes and internal controls.
  • Ensuring accuracy and transparency in financial disclosures.

Module 4: Risk Management and Internal Controls

  • Identifying and assessing organizational risks.
  • Overseeing internal control systems and risk management frameworks.
  • Strategies for effective risk management and mitigation.

Module 5: Audit Committee Communication and Collaboration

  • Enhancing communication between audit committees, management, and auditors.
  • Reporting and documenting audit committee activities and decisions.
  • Case studies and practical exercises on effective audit committee practices.
03

Course Administration

Methodology

Instructor-led sessions use a blended learning approach combining presentations, guided practical exercises, web-based tutorials, and group work, delivered by seasoned industry experts. All facilitation and course materials are in English, so participants should be reasonably proficient in the language.

Accreditation

Upon successful completion of this training, participants will be issued a Tech For Development Certificate of Course Completion

Training Venue

The training will be held at the Tech For Development Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.

Accommodation & Airport Transfer

Arranged upon request.For reservations contact the Training Officer:
Email: [email protected]
Phone: (+254) 790 824 179

Tailor-Made

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our T4D Training Centre or at a convenient location.

Payment

Payment should be transferred to the T4D account through a bank on or before the start of the course. Send proof of payment to [email protected].

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Date Cost
2026 Schedules
Nairobi
14 Dec - 18 Dec
KES 99,000 |
$1,500
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Kigali
Addis Ababa
Kuala Lumpur
Accra
Pretoria
Cape Town
Johannesberg
Cairo
Arusha
Machakos
Zanzibar
Kisumu
Nakuru
Mombasa
Nairobi
Naivasha
Kampala
Dubai