EU4PFM continues practical financial audit trainings with focus on risk assessment and internal control

The practical financial audit trainings under the EU4PFM Programme and the Accounting Chamber of Ukraine continued this week, bringing auditors and audit team leaders together for another round of hands-on learning and professional exchange.

On 20 May, auditors worked in two groups during Module 6 “Risk Assessment: Salaries and Social Contributions”, focusing on internal control risks, audit approaches, and practical skills for documenting risk assessment in financial audit.

On 21 May, Financial Audit team leaders continued with Module 5 “Risk Assessment at the Group and Entity Level”, learning how to identify and assess risks within consolidation groups and focus audit work on areas with the greatest impact on financial reporting.

Today, 21 May, also marked Vyshyvanka Day, which brought a special atmosphere to the training. In embroidered shirts, participants added a touch of colour, warmth, and Ukrainian spirit to the day, alongside their strong professional focus.