Course details

Dates are currently being finalised. Get in touch to find out more
Download course brochure

Euromoney Learning On-Demand

Powered by Finance Unlocked

Learn about every aspect of finance, delivered through one-off videos and in-depth pathways

Learn More

VAT on Virtual and Online Programmes

VAT is applicable on virtual programmes to delegates attending from the UK*. If participating from the EU, a valid VAT number is required to ensure VAT will not be charged under the reverse charge mechanism. VAT is not applicable to attendees from all other countries.
*For virtual courses ran through our Asia office, VAT may be applicable to HK and Singapore residents only. Find out more by contacting learning@euromoney.com

 

Claiming Back Your VAT

All attendees of a London based course incur VAT as a part of the cost of attendance.

Euromoney Learning have partnered with VAT IT to allow you the unique opportunity to recoup the VAT incurred.

Using VAT IT's extensive experience and simple sign-up and refund process, every invoice can be turned into cash for your business.


Claim the VAT that's rightfully yours in four simple steps:

1. Register your interest

2. Sign a few simple documents

3. VAT IT processes your claim

4. Receive your refund




Why choose VAT IT 

VAT IT have spent two decades identifying, researching and perfecting the foreign VAT Reclaim process and built the best back end technology in the industry. By partnering with Euromoney Learning, we can provide you with a fast and effective way to reclaim your VAT which helps reduce the cost of your training.

VAT IT will charge a percentage of the VAT refund if/when it is successful. 


Can I claim back the VAT myself?

You can claim back VAT directly from the UK Tax Authority (HMRC) by completing the following form. 
For European clients, please refer to form VAT 65
All other clients, please refer to form VAT 65A.

 

You may also be able to claim back your VAT against courses taking place outside of the UK, and we would recommend contacting VAT IT, our specialist partner, to discuss how to do this.

Effective Audit Committees

Equip yourself with the fundamentals needed for the Audit Committee
  • Where was audit? We have heard these words time and time again but the better question is not where was audit but how effective and efficient is audit. This starts with the audit committee. Can they answer these questions in their own backyard? Do they assess their own effectiveness and act on weaknesses identified?

    Experience of the industry is important for all audit committee members but that is just the beginning. Audit committees should consist of members with various backgrounds: risk, audit, fraud, legal, marketing, regulatory, and current trends faced by organizations, etc. Building a team with these vast skills is important, as is allowing transparency and a chance for members to speak freely and openly. Improving on audit committee performance as well as helping audit committees ‘temperature check’ their effectiveness will be an integral part of this program.

    This course will be lecture driven but there will be interactive activities as well that will teach students what they need to know about building an effective audit committee and tips and strategies they can implement upon their return from training.

     

    Areas to be covered include:

    • Building a strong Audit committee.
    • Improving communications and communication flows
    • The challenges of having a weak or inexperienced audit committee.
    • Special challenges in today’s changing business environments
    • Audit Committee transparency.
    • Gaining shareholder trust
    • Various Case Studies where audit committee fell short, including Toshiba, Pattisserie Valerie, and Carillion to name a few. These will be examined to show what happened and what lessons can be learned from their failure.

  • Day 1

    Day one will consist of fundamentals behind building a successful audit committee team, staffing and compensation, and policies and procedures highlight basic audit committee duties and functions. It will talk about some best practices but the bulkl of that will be covered in Day Three. We will cover basics but in some of the course we will look at international struggles as it related to the Audit Committee. We will discuss where the lines in the sand should be drawn to ensure no impediment to confidentiality.


    We will concentrate on:
    • Understand the role of the audit committee.
    • The fundamental responsibilities of the audit committee and how successful audit committees have expanded that for the good of the organization and their stakeholders.
    • The Intersection of various parties: Risk Management, Legal or General Counsel, and Company Secretary
    • Audit Committee Qualifications
    • Staying Independent


    Day 2

    Once the basics are down we will look at the biggest challenges faced by many audit committees and work controls or other strategies that can be implemented to ensure the best arrangement for the organization. We will discuss staffing with different skill sets.

    • Complexity of sitting on an Audit Committee with multiple international locations.
    • Methods to improve audit committee transparency
    • Balancing employee relations and executive compensation to meet shareholders expectations.

    Day 3

    Standing in front of the audit committee can be nerve-racking for some and the messages relayed may be hurt by poor presentation. Many committees will look at data given to them and accept it, but by meeting with the people who provide the data and getting data in a way that is more adapt for the audit committee can be done. In fact, in some cases it may benefit both parties. 

    • How to challenge data and information delivered to the audit committee
    • Keeping the Audit Committee Informed
    • Supporting Non-Audit Executives Appearing in front of the Audit Committee

    Day 4

    We will summarize what we have learned and apply the lessons learned to corporations that have failed and how audit committees could have played a more interactive role to ensure that the same does not happen to the organization they represent.  

    • Understanding the power struggle between external audit and internal audit and methods to alleviate that struggle.
    • Gaining shareholder trust
    • Various Case Studies where audit committee fell short, including Toshiba, Pattisserie Valerie, and Carillion to name a few. These will be examined to show what happened and what lessons can be learned from their failure.

      

    Day 5 

    Continuing on from audit committee failure case studies we will examine the scarier aspect of fraud. A weak or inexperienced audit commit can contribute in many ways to the downfalls of organizations. This can be accelerated by fraud by the Audit Committee or ignored by the Audit Committee. But there is hope. An experiences and strong audit committee stands at the core of strong organizations.

    • Building and having a crisis media-action plan
    • Building on team cohesion
    • Understanding fraud risk and proper handling of allegations
    • Action plan to building a strong team

     

    This course will be designed to help Audit Committee Members and those that interact with Audit Committee. 

     

  • Our Tailored Learning Offering

    Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.

    If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.

    We produce learning solutions that are completely unique to your business. We’ll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment.

  • We have a combined experience of over 60 years providing learning solutions to the world’s major organisations and are privileged to have contributed to their success. We view our clients as partners and focus on understanding the needs of each organisation we work with to tailor learning solutions to specific requirements.

    We are proud of our record of customer satisfaction. Here is why you should choose us to help you achieve your goals and accelerate your career:

    • Quality – our clients consistently rate our performance ‘excellent’ or ‘outstanding’. Our average overall score awarded to us by our clients is nine out of ten.
    • Track record – 10/10 of the world’s largest banks have chosen us as there training provider and we have delivered training across the largest banks and have trained over 25,000 professionals.
    • Knowledge – our 100+ strong team of industry specialist trainers are world leading financial leaders and commentators, ensuring our knowledge base is second to none.
    • Reliability – if we promise it, we deliver it. We have delivered over 25,000 events both in person and online, using simultaneous translation to delegates from over 99 countries.
    • Recognition – we are accredited by the British Accreditation Council and the CPD Certification Service. In an independent review by Feefo we scored 4.2/5 on service and 4.7/5 on Coursecheck
This course can be run as an In-house or Tailored Learning programme

Instructor

  • Denise Cicchella

    Biography

    Denise Cicchella has over twenty years experience in internal audit, specialising in construction and project management audits of complex, high value projects. These skills, along with her leadership ability, and her extensive background in training make her an effective trainer. Denise also brings over ten years experience as an external consultant. Denise has built effective relationships across organisations to ensure prompt involvement of Internal Audit to identify and mitigate emerging risks at the earliest opportunity and recommending controls that are effective and efficient uses of corporate resources. Denise is a Published Author and has been sought out to write for some industry powerhouses and governmental entities. She has worked around the world and with many global authorities to increase education and awareness of various topics in the audit world. She can often be found speaking at conferences for audit and fraud organizations: Institute of Internal Auditors, Association of Certified Fraud Examiners, National Association of Construction Auditors, Association of Health Care Internal Auditors, and many private clients.Denise has been an auditor and fraud Examiner for over 20 years and embraces each assignment with passion and vigour. She is eager to learn so she can share experiences with her students She brings that same passion and energy to the classroom to make each course energetic and interactive. Her audit experience has allowed her to reach out to many organizations and management levels that others may not have: Federal Bureau of Investigations, Departments of Justice, C-Suite Management, Legal, Audit Committees, etc. Denise has worked for many Middle East clients and is familiar with the cultural differences faced by auditors in their region.