Internal Control & Audit Readiness Programme

Course overview

COSO and Three-Lines-aligned control design, testing and audit-readiness documentation.

Intended audience

Internal auditors, control owners

Duration & delivery format

5 weeks · 5 modules · Facilitator-led cohort · Corporate & in-house

Learning outcomes

• Explain the purpose of internal control and the COSO Internal Control – Integrated Framework's structure.
• Explain the Three Lines Model and the distinct role each line plays in governance and risk oversight.
• Build a control matrix that links risks to the controls designed to mitigate them.
• Distinguish tests of design from tests of operating effectiveness.
• Build an audit-readiness checklist covering documentation, evidence and process readiness ahead of a statutory audit.

Course outline

5 modules, with a short description of what each one covers. The expanded outline below adds fuller module detail, the practical skills each module builds, sample activities and key takeaways.

1. 01

   The COSO Internal Control Framework

   Components and principles of effective internal control.

2. 02

   The Three Lines Model in Practice

   Roles and coordination across management, risk/compliance and internal audit.

3. 03

   Designing & Documenting Key Controls

   Building control matrices and process narratives.

4. 04

   Control Testing & Sampling

   Practical approaches to testing operating effectiveness.

5. 05

   Audit-Readiness & Remediation

   Preparing for statutory audit and closing control gaps.