With AUSTRAC tightening its approach to Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) oversight, internal auditors are under increasing pressure to deliver compliance audits that are not just procedural, but insightful and actionable.
To meet this need, IIA-Australia is offering a practical, hands-on masterclass tailored to auditors who want to build confidence in reviewing AML/CTF programs. The session will cover everything from engagement planning to test procedures, red flags, and audit reporting, designed with Australian regulatory expectations in mind.
Participants will learn through real-world case studies and collaborative exercises, with guidance from expert facilitator Giridhar Kannan, founder of AML SureCheck®. With over 20 years in anti-financial crime and risk mitigation, Giri offers a rare depth of experience in both compliance strategy and practical execution.
Register online here
Why attend this AML/CTF audit workshop?
This intermediate-level training is built around practical techniques that align with the real-world challenges internal auditors face when reviewing AML/CTF programs. Whether you’re assessing a reporting entity’s risk controls or preparing for an independent review, the workshop helps auditors deliver confident, defensible findings.
By the end of the session, you’ll be able to:
Session 1: AML/CTF Independent Reviews
An overview of AUSTRAC’s compliance focus and why independent reviews are critical for reporting entities.
Session 2: Case studies on regulatory action
Analysis of real enforcement outcomes to identify where audits failed and how internal auditors can play a stronger role.
Session 3: Planning your AML/CTF audit
Participants will conduct individual risk assessments and build a tailored document request list.
Session 4: Developing test procedures (group exercise)
Work in groups to identify high-risk areas and design test steps across ML/TF risk assessments, governance, and transaction monitoring.
Session 5: Reporting and remediation
Learn how to present findings using a no-surprises approach, and draft action plans with clear accountability.
Session 6: Recap and next steps
Review key takeaways, reflect on your audit process, and identify areas for deeper skill development.
Who should attend?
Internal auditors and assurance professionals working in industries subject to AML/CTF obligations. This session assumes knowledge of audit planning, fieldwork, and reporting.
Level: Intermediate
CPE Points: 4
About the facilitator
Giridhar Kannan (Giri) is the founder of AML SureCheck®, an Australian firm specialising in independent AML/CTF reviews. With over two decades of experience in financial crime compliance, fraud risk, and sanctions, Giri brings deep technical knowledge and practical insight to the training room.
Whether you are refining your AML/CTF audit approach or preparing for your first independent review, this workshop will help you step into your next audit with clarity, confidence, and compliance know-how.