Key Controls Under the Microscope: How to Design and Monitor Control Mechanisms in Financial Reporting
Risk and internal control
The ability to effectively manage increasing risk in a dynamic business environment is now a key competency for middle and senior managers.
The internal control system is a key factor for the success of a company - reaching goals, setting the direction of development and creating effective business processes.
Key questions during the course
- What is risk? How do you identify and assess it?
- What does the process of risk management entail?
- Who is responsible for the risk?
- Does the size and type of company affect the risk management system?
- What is the correlation between risk and control?
- What are the purposes and different types of control?
- How do you document control?
- What are internal control tests?
- How do you describe control deficiency?
- What are the typical challenges in internal control?
- What are IT Dependencies and why are they relevant to companies and auditors?
- What does the Sarbanes-Oxley Act (SOX) cover and what are its requirements?
Training designated for
senior and middle management who want to deepen their knowledge of risk management processes and the implementation of the internal control system;
public or private sector organizations’ members, including those not directly dealing with risk but with elements of risk management within their roles and organizations;
experts in the areas of finance or IT who deal with the design of processes in organizations;
small business entrepreneurs and startup owners seeking to minimize operational risk;
internal / external auditors;
professionals from large corporations required to comply with SOX or similar regulations.
Training program
In the case of closed-format training, the programme presented below may be tailored to address the organization’s specific business needs.
Lecturer
Julita Jarmużek
After graduating from Humboldt University in Germany, Julita began her journey in financial audit at PwC in Berlin. Two years later, as part of an international exchange program, she joined the PwC team in Poznań.
As a member of the German Business Group, Julita worked mainly with clients of German origin, focusing on developing her expertise in International Financial Reporting Standards (IFRS). In the meantime, she completed the ACCA qualification path and became a member of the Association of Chartered Certified Accountants. She also cooperated with PwC Academy, fulfilling her passion as a trainer in audit methodology and technical IFRS training.
After gaining experience in external and internal audit Julita is developing her passion to risk management and internal controls in one of leading pharmaceutical companies. In the meantime she also finished Executive MBA studies at WSB Merito University.
Privatly, Julita is a mother of two boys trying to combine family activities with her love to sport, especially to running, biking and swimming.
Organizational information
- Trainings date
- Participation cost
Trainings date
Date: 25-26.11.2026
Duration: 2 days - from 9:00am to 01:00pm CET (Warsaw time)
Format: Open training, LIVE/Online
Language: English
The course can be conducted in a closed training format, tailored to the individual needs of the Client.
Participation cost
1800PLN (475EUR) + VAT