Course Detail(IA001 : Internal Auditing Fundamentals - Risk Assessment)

SkillsFuture Credit, UTAP Funding

IA001 : Internal Auditing Fundamentals - Risk Assessment

14.00 CPE Hours (Others)
Classroom

Important:
Funding Period: Until 4 April 2020
If you wish to use your SFC to pay for partial/full ISCA course fee , please login to the SFC portal (http://www.skillsfuture.sg/credit) with your Singpasswithin 60 days before the course start date to submit a SFC Claim and obtain the necessary approval. For more information on SFC procedure, please click here.
 
Failure to submit claim application via SkillsFuture Portal and obtain necessary approval before the course start datewill result in topping up of the SFC indicated for use and an administrative fee of $42.80 to revise the invoice based on the amount of SFC you have indicated to use.

SDF Funding (Corporate Registration only)
To enroll participants with SDF Funding, please click here to download the manual form.
Online registration via ISCA Portal will not be eligible for SDF Funding.
 

Programme Objective

This programme aims to equip participants with the knowledge and an understanding of basic auditing skills. With this programme, new auditors, as well as managers with internal control responsibilities, can learn about the internal audit process and procedures from beginning to end. Through group exercises, discussion, and presentation, participants will be able to appreciate the key process that will allow them to properly prepare for and conduct a successful audit, using preliminary surveys and evidence-gathering techniques.

At the end of the training programme, each participant should be able to:

  • Make an objective assessment of adequacy and effectiveness of internal controls within an organisation
  • Give advice on how Internal Control system could be improved
  • Help non-financial managers review operational controls
  • Assess business risk and design/implement procedures
  • Engage in a risk-based audit approach, from planning through process documentation to testing, analysis, and reporting
  • Become familiar with the scope and application of the Professional Practices Framework of internal auditing
  • Learn how to communicate and report on key issues arising from the internal audit

Programme Outline

  • Introduction to Internal Auditing
  • Risk Assessment and Risk Management
  • Internal Audit Planning
  • Interviewing Techniques
  • Process Documentation
  • Internal Audit Programs
  • Testing of Systems
  • Reporting of Audit Findings to the Management Team
  • Presentation of the Internal Audit Report to Audit Committee


Training Methodology
Lecture style, with Exercises/Case Studies
 
Closing Date for Registration
1 week before programme or until full enrolment

Intended For

An Intermediate level programme intended for Audit and Accounting professionals in business organisations and for CPA firms who are keen to learn about the Internal Auditing processes.

Competency Mapping

Others = 14.00 Hours

Schedule & Fees

Date & Time

13 Nov 2019 (9:00 AM - 5:00 PM)
14 Nov 2019 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 620.60
For Non-Members: $ 736.16

Programme Facilitator(s)

Kelvin Tan

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

13 Nov 2018 (9:00 AM - 5:00 PM)
14 Nov 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Kelvin Tan

Date & Time

22 May 2018 (9:00 AM - 5:00 PM)
23 May 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Kelvin Tan

Date & Time

13 Nov 2017 (9:00 AM - 5:00 PM)
14 Nov 2017 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Kelvin Tan

Testimonial

Funding

1] SkillsFuture Credit
Funding Period: Until 4 April 2020
Course Reference Number:
CRS-N-0045948

All Singaporeans aged 25 and above will receive an opening credit of S$500 from the government. The credits will not expire and periodic top-ups will be provided by the government. SkillsFuture credit may be accumulated to pay for skills related course fees. For more information on the SkillsFuture Credit scheme, please visit http://www.skillsfuture.sg/credit

If you wish to use your SFC to pay for partial/full ISCA course fee , please login to the SFC portal(http://www.skillsfuture.sg/creditwith your Singpasswithin 60 days before the course start date to submit a SFC Claim and obtain the necessary approval. For more information on SFC procedure, please click here.
 
Failure to 
submit claim application via SkillsFuture Portal and obtain necessary approval before the course start date will result in topping up of the SFC indicated for use and an administrative fee of $42.80 to revise the invoice based on the amount of SFC you have indicated to use. Please note that there will be an admin fee of $42.80 for any wrong registration or revision of invoice. 

2] SDF Funding
This course is approved for SDF funding ($2 per training hour) for Company-sponsored participants only (eligibility criteria apply). 
 
To enroll participants with SDF Funding, please 
click here to download the manual form.
Incomplete registration form will not be processed.  Online registration via ISCA Portal will not be eligible for SDF Funding. Please note that there will be an admin fee of $42.80 for any wrong registration or revision of invoice. 
 
Funding Period: Until 4 April 2020
Funded Hours: 14 hours
Course Reference Number: CRS-N-0045948
 
Eligibility Criteria:

  • Company must be registered or incorporated in Singapore and;
  • Applicant is taking the course for the first time.
  • Applicant must be employed, and is either Singapore Citizen or Permanent Resident of Singapore and;
  • Applicant must achieve at least 75% attendance, and pass all examinations /assessments and;
  • Applicant must be fully sponsored by the Company for all costs associated with the training and;
  • Payment has to be made via corporate means (e.g. corporate cheque, corporate GIRO, corporate credit card).


3] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members. NTUC member gets to enjoy UTAP funding 50% of the unfunded course fee capped at $250 every year. This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 01 April 2019 – 31 March 2020.
 
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends.


To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
 
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

 

Programme Facilitator(s)


Kelvin Tan
CPA Singapore, MIIA, MBA

 
Kelvin has more than 20 years of post-graduate experience in audit, accounting, management consultancy and corporate training. He has been involved in a number of large scale consultancy to local and overseas companies in the review and documentation of processes, procedures and internal controls in business, administrative and financial policies and procedures of various companies of which some are PRC based companies listed on SGX. He has conducted various corporate training programmes in accounting and finance with various organizations in Singapore, Malaysia, Thailand, Vietnam, Hong Kong and China since 1994. He graduated with a Master of Business Administration from the University of Hull and is a non- practising member of Institute of Singapore Chartered Accountants and an ordinary member of The Institute of Internal Auditors, Singapore.

Important:
Funding Period: Until 4 April 2020
If you wish to use your SFC to pay for partial/full ISCA course fee , please login to the SFC portal (http://www.skillsfuture.sg/credit) with your Singpasswithin 60 days before the course start date to submit a SFC Claim and obtain the necessary approval. For more information on SFC procedure, please click here.
 
Failure to submit claim application via SkillsFuture Portal and obtain necessary approval before the course start datewill result in topping up of the SFC indicated for use and an administrative fee of $42.80 to revise the invoice based on the amount of SFC you have indicated to use.

SDF Funding (Corporate Registration only)
To enroll participants with SDF Funding, please click here to download the manual form.
Online registration via ISCA Portal will not be eligible for SDF Funding.
 

Programme Objective

This programme aims to equip participants with the knowledge and an understanding of basic auditing skills. With this programme, new auditors, as well as managers with internal control responsibilities, can learn about the internal audit process and procedures from beginning to end. Through group exercises, discussion, and presentation, participants will be able to appreciate the key process that will allow them to properly prepare for and conduct a successful audit, using preliminary surveys and evidence-gathering techniques.

At the end of the training programme, each participant should be able to:

  • Make an objective assessment of adequacy and effectiveness of internal controls within an organisation
  • Give advice on how Internal Control system could be improved
  • Help non-financial managers review operational controls
  • Assess business risk and design/implement procedures
  • Engage in a risk-based audit approach, from planning through process documentation to testing, analysis, and reporting
  • Become familiar with the scope and application of the Professional Practices Framework of internal auditing
  • Learn how to communicate and report on key issues arising from the internal audit

Programme Outline

  • Introduction to Internal Auditing
  • Risk Assessment and Risk Management
  • Internal Audit Planning
  • Interviewing Techniques
  • Process Documentation
  • Internal Audit Programs
  • Testing of Systems
  • Reporting of Audit Findings to the Management Team
  • Presentation of the Internal Audit Report to Audit Committee


Training Methodology
Lecture style, with Exercises/Case Studies
 
Closing Date for Registration
1 week before programme or until full enrolment

Intended For

An Intermediate level programme intended for Audit and Accounting professionals in business organisations and for CPA firms who are keen to learn about the Internal Auditing processes.

Competency Mapping

Others = 14.00 Hours

Programme Facilitator(s)

Kelvin Tan
CPA Singapore, MIIA, MBA

 
Kelvin has more than 20 years of post-graduate experience in audit, accounting, management consultancy and corporate training. He has been involved in a number of large scale consultancy to local and overseas companies in the review and documentation of processes, procedures and internal controls in business, administrative and financial policies and procedures of various companies of which some are PRC based companies listed on SGX. He has conducted various corporate training programmes in accounting and finance with various organizations in Singapore, Malaysia, Thailand, Vietnam, Hong Kong and China since 1994. He graduated with a Master of Business Administration from the University of Hull and is a non- practising member of Institute of Singapore Chartered Accountants and an ordinary member of The Institute of Internal Auditors, Singapore.

Upcoming Schedule

Date & Time

13 Nov 2019 (9:00 AM - 5:00 PM)
14 Nov 2019 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 620.60
For Non-Members: $ 736.16

Programme Facilitator(s)

Kelvin Tan

Venue

60 Cecil Street
ISCA House
Singapore 049709