Introduction
In the fast-paced and evolving world of finance, continuous learning is key to staying ahead. Livingstone Advisors, a leading consultancy firm, has successfully partnered with a global investment bank to elevate the expertise of their internal audit professionals through customized training programs.
Essential Knowledge and Skills for Audit Professionals
Their approach began with the creation of a comprehensive course on the Overview of Finance and how to identify and audit Finance Risk. This course, delivered through a computer-based training (CBT) platform, reached over 1800 members of the internal audit department, providing them with essential knowledge and skills. We took a hands-on approach, developing course content, providing voiceover, and engaging with an internal focus group to finalize the content based on their valuable input.
In-Classroom Learning and Hands-on Training
Recognizing the importance of practical experience, we also conducted in-classroom learning sessions for over a hundred internal audit personnel. These sessions focused on training them on a new audit workflow system based on Metric Stream. Through week-long courses in a classroom setting, the audit professionals gained valuable insights and hands-on experience, enabling them to effectively navigate the new system.
Equipping Every Member for Success
Moreover, we extended our expertise to new joiners in the internal audit team by delivering tailored training to multiple cohorts. This ensured that every new member received the necessary knowledge and skills to excel in their roles from the outset.
Conclusion
By empowering audit professionals through customized training programs, Livingstone Advisors helped the global investment bank build a highly skilled and knowledgeable internal audit team. The bank's professionals are now equipped with the expertise needed to tackle complex challenges, mitigate risks, and drive organizational success. This collaboration stands as a testament to the transformative power of customized training in elevating the capabilities of audit professionals and ensuring excellence in the financial industry.
