Internal compliance in finance and operations refers to adhering to established rules, regulations, and policies within an organisation. It encompasses the processes, controls, and standards that ensure financial transactions and operational activities are conducted lawfully, ethically, and consistently.
Internal compliance should be a critical consideration for any business as it provides a framework for assessing and mitigating the risks associated with the proposed changes. Effective internal compliance safeguards against fraud, financial mismanagement, and regulatory violations, thereby fostering transparency and accountability.
By integrating compliance considerations into strategic decision-making, organisations can enhance their reputation, build stakeholder trust, and avoid legal consequences. Ultimately, a robust internal compliance framework serves as a safeguard, promoting the organisation's long-term sustainability and success.
Upon completion of this course, participants will be able to:
This course is designed for anyone responsible for internal compliance and governance relating to financial or operational decisions or anyone involved with contract or bid creation. It would be most beneficial for:
This course uses a variety of adult learning styles to aid full understanding and comprehension. Participants will review real-world case studies to understand how compliance can affect the wider organisation. They will also discover how a lack of consideration for compliance can lead to extra costs and contract deviations.
They will view multiple template contracts to understand the main factors in agreeing to all obligations and learn how to develop systems and IT infrastructures that can assist in handling internal compliance.
Section 1: What Does Corporate Control Mean for Your Business?
Section 2: Shaping Your Operations Around Compliance
Section 3: Implementing Controls and Costing Cycles
Section 4: Internal IT Infrastructures
Section 5: Administration Controls & Compliance Guidelines
Section 6: Internal & External Reporting Metrics
Upon successful completion of this training course, delegates will be awarded a Holistique Training Certificate of Completion. For those who attend and complete the online training course, a Holistique Training e-Certificate will be provided.
Holistique Training Certificates are accredited by the British Accreditation Council (BAC) and The CPD Certification Service (CPD), and are certified under ISO 9001, ISO 21001, and ISO 29993 standards.
CPD credits for this course are granted by our Certificates and will be reflected on the Holistique Training Certificate of Completion. In accordance with the standards of The CPD Certification Service, one CPD credit is awarded per hour of course attendance. A maximum of 50 CPD credits can be claimed for any single course we currently offer.