Course Detail(IA004 : Internal Audit Fundamentals - Planning & Design)

SDF Funding, SkillsFuture Credit

IA004 : Internal Audit Fundamentals - Planning & Design

7.00 CPE Hours (Others)
Classroom

In view of the COVID-19 situation, selected ISCA’s CPE courses/sessions will be conducting via Live Webinar.

Please do check the details before confirmation your registration for the course/session.

 

This course is formerly known as Internal Auditing and Internal Controls

Programme Objective
To provide professionals with knowledge and guidance on identifying, evaluating and strengthening Internal Controls through the effective use of Internal Auditing. This course will also cover effective tools for management buy-in and reporting requirements to those charged with governance and management.

Programme Outline

  • The various stakeholders’ responsibilities for understanding, assessing, testing and evaluating the operating effectiveness of internal controls in an organization.
  • Using an appropriate control framework (such as the COSO framework) to assess and evaluate the internal controls of an organization, including an assessment of the strength of the client’s corporate governance mechanisms
  • Discuss the relationship between Internal Auditing and Internal Controls and its significance and relevance
  • Use of internal auditing tools and process to identify and evaluate the internal controls, including risk assessment procedures
  • Evaluating the adequacy of controls, use effective means to make appropriate recommendations to strengthen the internal controls
  • Use of effective methods for management buy-in to recommended actions
  • Reporting to those charged with governance and management on significant and other deficiencies in internal control and recommended actions

Training Methodology

Lecture style, with Exercises/Case Studies, Quiz / Knowledge Check

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

An Intermediate to Advanced level programme intended for both Practising and Non-Practising Accountants and Auditors. Those who would like to enhance their knowledge on identifying, evaluating and effectively strengthening internal controls with the use of Internal Auditing approaches and/or achieve better understanding in Internal Audit work are encouraged to attend.

Competency Mapping

Others = 7.00 Hours

Schedule & Fees

Date & Time

19 Feb 2021 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Kelvin Tan

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

30 Nov 2020 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Kelvin Tan

Date & Time

10 Jul 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Kelvin Tan

Date & Time

14 Mar 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Kelvin Tan

Testimonial

Funding

1] SkillsFuture Credit (SFC)
Funding Period: Until 10 Jul 2021
Course Reference Number: TGS-2020502156

All Singaporeans aged 25 and above will receive an opening credit of S$500 from the government. You may wish to use your SFC to pay for partial/full ISCA course fees. 

On 1 Oct 2020, the Government provided a one-off SkillsFuture Credit Top-up of $500 for all eligible Singaporeans aged 25 or above by 31 Dec 2020. Singaporeans aged 40 to 60 by 31 Dec 2020 will also receive an Additional SkillsFuture Credit (Mid-Career Support) of $500 which can be used for courses under: (i) SGUnited Skills Programme, (ii) SGUnited Mid-Career Pathways Programme – Company Training, and (iii) Career Transition Programmes. This additional SFC (Mid-Career Support) is NOT applicable for use on ISCA courses. (For more information on the SFC scheme, please visit http://www.skillsfuture.sg/credit)

If you wish to enrol for the course with SFC Funding, please proceed with the following steps:

Failure to submit claim application and obtain necessary approval before the course start date will result in topping up of the SFC indicated for use. Please note that there will be an administrative fee of $42.80 for any revision of invoice.


2] WDA Training Grant - SDF Funding
This course is approved for SDF funding ($2 per training hour) for Company-sponsored participants only (Eligibility criteria apply). 

Funding Period: Until 10 Jul 2021
Funded Hours: 7 hours
Course Reference Number: TGS-2020502156

If you wish to enrol participants with SDF Funding, please proceed with the following steps (For Corporate enrolments only) :

  • Step 1: Register for the course online via ISCA Portal. Upon adding to cart, the system will prompt a question “Do you wish to apply for WDA Funding?”, click Yes and input all required information. At the Cart page, please ensure that SDF funding is applied before clicking “Checkout”.
     

 

For course run start date before 1 Nov 2020, submit training grant application in SCN until 30 Nov 2020.

For course run start date on or after 1 Nov 2020, Enterprises/employers are NOT required to log into TPGateway/SCN to submit training grant.

Remarks

Step 2: After receiving email that the programme status is confirmed, please proceed to submit the Training Grant application via SkillsConnect Portal (https://www.skillsconnect.gov.sg/).

Employers of company-sponsored participants must submit training grant via SkillsConnect to obtain training grant for course fees. You may submit the Training Grant application within the period from 30 days before the course start date to 30 days after course start date.

The employee’s enrolment, attendance and assessment recordswill be submitted by ISCA onto TPGateway.


Please note that there will be an administrative fee of $42.80 for any revision of invoice.

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).

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.

In view of the COVID-19 situation, selected ISCA’s CPE courses/sessions will be conducting via Live Webinar.

Please do check the details before confirmation your registration for the course/session.

 

This course is formerly known as Internal Auditing and Internal Controls

Programme Objective
To provide professionals with knowledge and guidance on identifying, evaluating and strengthening Internal Controls through the effective use of Internal Auditing. This course will also cover effective tools for management buy-in and reporting requirements to those charged with governance and management.

Programme Outline

  • The various stakeholders’ responsibilities for understanding, assessing, testing and evaluating the operating effectiveness of internal controls in an organization.
  • Using an appropriate control framework (such as the COSO framework) to assess and evaluate the internal controls of an organization, including an assessment of the strength of the client’s corporate governance mechanisms
  • Discuss the relationship between Internal Auditing and Internal Controls and its significance and relevance
  • Use of internal auditing tools and process to identify and evaluate the internal controls, including risk assessment procedures
  • Evaluating the adequacy of controls, use effective means to make appropriate recommendations to strengthen the internal controls
  • Use of effective methods for management buy-in to recommended actions
  • Reporting to those charged with governance and management on significant and other deficiencies in internal control and recommended actions

Training Methodology

Lecture style, with Exercises/Case Studies, Quiz / Knowledge Check

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

An Intermediate to Advanced level programme intended for both Practising and Non-Practising Accountants and Auditors. Those who would like to enhance their knowledge on identifying, evaluating and effectively strengthening internal controls with the use of Internal Auditing approaches and/or achieve better understanding in Internal Audit work are encouraged to attend.

Competency Mapping

Others = 7.00 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

19 Feb 2021 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Kelvin Tan

Venue

60 Cecil Street
ISCA House
Singapore 049709