Description

Course Name: Certificate in Financial Services Audit, Risk and Compliance Practices

Global Occupational Skill Standard – GOSS ID: GOSS/BAF/CFSARCP/V1

Eligibility: Graduation or Equivalent.

Duration: Three Months.

Objective: The Certificate in Financial Services Audit, Risk and Compliance Practices course is designed to equip participants with the knowledge and skills to audit financial institutions and services effectively. The course covers auditing principles, risk assessment, regulatory compliance, internal controls, financial reporting, operational auditing, and fraud detection.

Get ready to join the Journey to become a GSDCI Certified Professional  – International Certification and Assessment Body.

Steps to become a GSDCI Certified Professional:

Step 1: Select your certification you want to pursue.

Step 2: Click on get certified tab, new pop up window will open.

Step 3: Click on pay certification fee, you will be redirected to billing details page.

Step 4: Fill your details and click on pay certification fee, you will be redirected to payment gateway, pay fee by any available options like Card (Debit/Credit), Wallet, Paytm, Net banking, UPI and Google pay.

Step 5: You will get Login Credentials of Online E-Books and Online assessment link on your email id, within 48 hrs of payment.

Step 6: After completion of the online assessment, the soft copy of your certificate will be sent to your registered email ID within 5 days.

Assessment Modules:

Module 1: Fundamentals of Financial Services Auditing: Introduction to financial services auditing, Role and responsibilities of a financial services auditor, Auditing principles and standards, Types of audits in financial services, Risk-based auditing approach, Case studies of financial services audits

Module 2: Regulatory Frameworks and Compliance: Overview of financial regulations, National and international regulatory bodies, Compliance requirements for banks and financial institutions, Anti-money laundering (AML) and counter-terrorism financing (CTF), Reporting and documentation obligations, Regulatory updates and their impact on audits

Module 3: Financial Analysis and Risk Assessment: Understanding financial statements, Key financial ratios and indicators, Credit risk assessment, Market and operational risk evaluation, Liquidity and solvency analysis, Risk-based audit planning

Module 4: Audit Planning and Execution: Audit planning and scoping, Developing audit programs, Internal controls evaluation, Sampling techniques and testing procedures, Audit evidence collection, Audit reporting and documentation

Module 5: Technology and Information Systems Auditing: Role of IT in financial services, IT audit frameworks and standards, Data security and cybersecurity considerations, Automated transaction processing audits, Systems controls and access management, Auditing digital financial services

Module 6: Audit Governance, Ethics, and Continuous Improvement: Governance and internal audit frameworks, Auditor independence and professional ethics, Fraud detection and investigation, Quality assurance in auditing, Continuous improvement in audit processes, Professional development and knowledge updates

GSDCI Online Assessment Detail:

• Duration- 60 minutes.
• Number of Questions- 30.
• Number of Questions from each module: 5.
• Language: English.
• Exam Type: Multiple Choice Questions.
• Maximum Marks- 100, Passing Marks- 50%.
• There is no negative marking in any module.

Benefits of Certification:

1. Global Recognition & Credibility – Stand out worldwide with a certification that opens doors across borders. Trusted by employers, respected by institutions, and recognized in over 100 countries.

2. Quality Assurance through ISO Certification – Certified to global ISO standards, our programs deliver excellence, consistency, and a benchmarked learning experience that speaks for itself.

3. Career Advancement & Employability – Enhances your resume and increases chances of promotions or job offers.

4. Non-Profit Trust Factor – Certifications from non-profit organizations are mission-driven rather than profit-driven.

5. Access to Verified Learning & Resources – Often includes e-books, mock tests, and online support without hidden costs.

6. Transparency & Online Verification – Certifications come with a unique Enrolment ID for easy online verification by employers and institutions.

7. Lifetime or Long-Term Validity – Certifications usually have lifetime validity or long-term recognition, reducing the need for frequent renewals.