Robust risk management and effective internal controls are indispensable elements within the critical account reconciliation processes of central banks. This comprehensive training course provides a deep understanding of how to embed strong risk management frameworks and implement rigorous internal control mechanisms within the central bank's account reconciliation lifecycle. Participants will learn to identify key risks associated with reconciliation, design and implement appropriate internal controls, and establish a culture of proactive risk management to ensure the accuracy, integrity, and security of vital financial data. Mastering risk management and internal controls in central bank account reconciliation is paramount for safeguarding financial assets and maintaining operational resilience.
This intensive training course delves into the practical application of risk management principles and the implementation of specific internal control measures within the unique context of central bank account reconciliation. We will explore how to conduct thorough risk assessments to pinpoint potential vulnerabilities, design preventative and detective internal controls tailored to various reconciliation processes, establish clear segregation of duties, implement independent reviews, and leverage technology to enhance control effectiveness. Participants will gain the knowledge and skills necessary to build a resilient account reconciliation framework that minimizes errors, detects irregularities, and strengthens the overall financial integrity of the central bank.
Duration
5 Days
Course content
Module 1: Foundations of Risk Management and Internal Controls in Central Banking
Module 2: Conducting Risk Assessments for Account Reconciliation Processes
Module 3: Designing and Implementing Internal Controls for Reconciliation
Module 4: The Role of Segregation of Duties and Independent Reviews
Module 5: Controls Specific to Different Central Bank Account Reconciliations
Module 6: Leveraging Technology to Enhance Reconciliation Controls
Module 7: Monitoring and Testing the Effectiveness of Reconciliation Controls
Module 8: The Role of Internal Audit in Reconciliation Risk Management and Controls
Training Approach
This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.
Tailor-Made Course
This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449
Training Venue
The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.
Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant
Certification
Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.
Airport Pickup and Accommodation
Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449
Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 7 working days before commencement of the training.
Dates | Fees | Location | Apply |
---|---|---|---|
26/05/2025 - 30/05/2025 | $1500 | Nairobi |
|
02/06/2025 - 06/06/2025 | $1500 | Nairobi |
|
09/06/2025 - 13/06/2025 | $1750 | Mombasa |
|
16/06/2025 - 20/06/2025 | $1500 | Nairobi |
|
23/06/2025 - 27/06/2025 | $1500 | Nairobi |
|
07/07/2025 - 11/07/2025 | $1500 | Nairobi |
|
14/07/2025 - 18/07/2025 | $3500 | Johannesburg |
|
21/07/2025 - 25/07/2025 | $1500 | Nairobi |
|
04/08/2025 - 08/08/2025 | $1500 | Nairobi |
|
11/08/2025 - 15/08/2025 | $1750 | Mombasa |
|
18/08/2025 - 22/08/2025 | $1500 | Nairobi |
|
25/08/2025 - 29/08/2025 | $1500 | Nairobi |
|
01/09/2025 - 05/09/2025 | $1500 | Nairobi |
|
08/09/2025 - 12/09/2025 | $3500 | Dar es Salaam |
|
15/09/2025 - 19/09/2025 | $1500 | Nairobi |
|
22/09/2025 - 26/09/2025 | $1500 | Nairobi |
|
06/10/2025 - 10/10/2025 | $1500 | Nairobi |
|
13/10/2025 - 17/10/2025 | $3000 | Kigali |
|
20/10/2025 - 24/10/2025 | $1500 | Nairobi |
|
27/10/2025 - 31/10/2025 | $1500 | Nairobi |
|
03/11/2025 - 07/11/2025 | $1500 | Nairobi |
|
10/11/2025 - 14/11/2025 | $1750 | Mombasa |
|
17/11/2025 - 21/11/2025 | $1500 | Nairobi |
|
24/11/2025 - 28/11/2025 | $1500 | Nairobi |
|
01/12/2025 - 05/12/2025 | $1500 | Nairobi |
|
08/12/2025 - 12/12/2025 | $1500 | Nairobi |
|
15/12/2025 - 19/12/2025 | $1500 | Nairobi |
|
05/01/2026 - 09/01/2026 | $1500 | Nairobi |
|
12/01/2026 - 16/01/2026 | $1500 | Nairobi |
|
19/01/2026 - 23/01/2026 | $1500 | Nairobi |
|
26/01/2026 - 30/01/2026 | $1500 | Nairobi |
|
02/02/2026 - 06/02/2026 | $1500 | Nairobi |
|
09/02/2026 - 13/02/2026 | $1500 | Nairobi |
|
16/02/2026 - 20/02/2026 | $1500 | Nairobi |
|
23/02/2026 - 27/02/2026 | $1500 | Nairobi |
|
02/03/2026 - 06/03/2026 | $1500 | Nairobi |
|
09/03/2026 - 13/03/2026 | $3000 | Kigali |
|
16/03/2026 - 20/03/2026 | $1500 | Nairobi |
|
23/03/2026 - 27/03/2026 | $1500 | Nairobi |
|
06/04/2026 - 10/04/2026 | $1500 | Nairobi |
|
13/04/2026 - 17/04/2026 | $1750 | Mombasa |
|
20/04/2026 - 24/04/2026 | $1500 | Nairobi |
|
04/05/2026 - 08/05/2025 | $1500 | Nairobi |
|
11/05/2026 - 15/05/2026 | $4500 | Dubai |
|
18/05/2026 - 22/05/2026 | $1500 | Nairobi |
|
25/05/2026 - 29/05/2026 | $1500 | Nairobi |
|