Finance team supervision: controls, close and fraud prevention
Finance team supervision: controls, close and fraud prevention
A practical course for people who supervise accounts payable, receivable or general-ledger teams: internal control in plain terms with COSO and the Three Lines Model, segregation of duties and approvals, a reliable month-end close with reconciliations, payment-fraud and fraud-triangle awareness, and leading the team with reviews, indicators and ethics. Five modules, each with a worked example, and a 10-question final quiz. Based on cited public frameworks. Not an accredited qualification.
What you will learn
- Explain and apply: Explain internal control and the supervisor’s first-line role using COSO and the Three Lines Model.
- Explain and apply: Design segregation of duties and approval steps for a purchase-to-pay process.
- Explain and apply: Run a month-end close with reconciliations that find and clear differences.
- Explain and apply: Recognise payment-fraud red flags and apply verification controls.
- Explain and apply: Lead the team with reviews, simple indicators and ethical standards.
modules
- Internal control in plain terms
- Segregation of duties and approvals
- A reliable month-end close
- Payment fraud and the fraud triangle
- Leading the finance team
Practical education only. It is not legal, audit or accounting advice and not an accredited qualification. Apply your organisation’s policies, delegation of authority and local law. Figures and names in worked examples are illustrative.