ACPM: Internal Control
The course is designed to enhance the qualifications of internal control specialists. The programme provides an in-depth study of the principles for establishing an effective internal control system, developing skills in business process analysis, performing control procedures within an organisation, and the ability to promptly address deficiencies in the established internal control system.
Requirements for candidates
Completing the certification program does not require specific education or experience, but basic knowledge of management, economics, and finance will be an advantage.
Terms of study
10
hours
Auditorium hours
14
hours
Hours for self-study
24
hours
Total course duration
Training program
The Concept of Internal Control. General Requirements for ICS. Business Scale and ICS Maturity Levels. ICS Models.
Lessons
- The Concept of Internal Control. General Requirements for ICS
- Business Scale and Different ICS Maturity Levels.
- ICS Models: Advantages and Disadvantages.
Methods and Approaches to Organising an ICS. Developing an ICS for Financial Reporting.
Lessons
Topic 1: Methods and Approaches to Organising an ICS. System Development.
- Methods and Approaches in Organising an ICS.
- Developing an ICS and Financial Reporting Formation
Topic 2: Working with the LIGA360 Platform.
- Legislative Framework and Regulatory Compliance for Internal Audit on the LIGA360 Platform.
- Contract Management and Document Analysis on the LIGA360 Platform.
- Preparation for External Inspections and Working with Analytics on the LIGA360 Platform.
Developing an ICS for Business Processes. Controls and Risks.
Lessons
Topic 1: Developing an ICS for Business Processes. Risk Assessment.
- Developing an ICS for Business Processes.
- Controls and Risks.
- Evaluating ICS Effectiveness.
Topic 2: Working with the LIGA360 Platform.
- Counterparty Verification and Risk Analysis Using the LIGA360 Platform.
Final Online Exam
TRAINING FORMAT AND METHODS
Remote learning, recorded video lessons posted on the LMS platform.
Practical classes and analysis of real situations from the industry
Register for a courseSkills after completing the program
Hard skills
- The skill to develop an effective Internal Control System (ICS), tailored to the scale and maturity of the company.
- The ability to evaluate various control models, understanding their advantages and disadvantages for practical application.
- Identification of risks within business processes and implementation of effective control measures.
- Proficient use of the LIGA360 platform for analysing counterparties, documents, regulatory frameworks, and analytics.
- Preparation of reports and organisation of processes in compliance with legislative requirements.
- Skills in establishing control points within key business processes.
- Utilisation of tools for regular analysis and continuous improvement of the internal control system.
Soft skills
- The ability to take a systematic approach to risk identification and process assessment.
- The skill to detect inconsistencies and potential threats in documents and business processes.
- Evaluating the effectiveness of existing control mechanisms and making well-informed decisions.
- The ability to establish a logical control structure within a company.
Exam and certificate
The official ACPM exam is held monthly on a scheduled basis, online. Pre-registration is required to participate in the exam. The list of required documents and the exam registration form are available in the e-learning system.
The exam consists of 30 test questions. The exam lasts 2 hours.
Passing score: 60.
The ACPM International Certificate exam is administered by administrators using a proctoring system (monitoring the student and their computer screen). Completed tasks are checked and evaluated by ACPM-accredited teachers.
Exam results are communicated to candidates by email 2 weeks after the exam. The international ACPM certificate is sent to the same email address within 2 months from the date of the results announcement in electronic form if the candidate scored 60 or more points.
More about ACPM certificatesPROVIDER INFORMATION
Financial Academy “Aktiv”
Financial Academy Aktiv is a Ukrainian company specializing in financial education and advanced training for financial professionals and top managers. We offer both individual and corporate training. Our academy is an accredited educational partner of international professional organizations ACCA, CIMA, and ACPM. We help specialists not only enhance their practical skills but also prepare for international diploma and certification exams. Additionally, we support the career development of our graduates.
Contacts
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