Course Detail()

14.50 CPE Hours (Category 1, Category 2, Category 3, Category 4, Others)
Classroom


Internal controls are no longer a regime for finance staff but all management who are required to take ownership of and sign off on controls.


This course is your first building block in a strong structure called internal control that allows you to achieve your business, financial reporting and compliance objectives. Course material is based on a strong methodology grounded in regulations associated with Corporate Governance and the COSO framework.

By the end of the workshop participants will:

  • Be convinced of the importance of good control both for business reasons and regulatory compliance.
  • Be aware of the regulatory environment which requires that businesses demonstrate strong controls.
  • Understand the fundamentals of control including key types of control, IT controls and reconciliation controls.
  • Be conscious of control in your everyday work, becoming “ambassadors” for good control, including execution, monitoring and assessing effectiveness of existing controls in your own organisations.
  • Have considered fraud and how to reduce the risk of fraud in their organisations by implementing and maintaining a strong and effective control environment.

Programme Outline

Day 1

  • The Business Case for Control
  • Role of the Audit Committee
  • Control Fundamentals
  • Control Issues Case Study 1
  • Reconciliations
  • IT Controls
  • Control Issues Case Study 2


Day 2

  • Recap Quiz
  • Control Effectiveness
  • Control Issues Case Study 3
  • Monitoring and Remediation
  • Fraud Singapore Case Study
  • Case study change of system, changing risks, change of controls
  • Action Planning


Training Methodology

Webinar style, with practical illustrations and interactive discussions.

Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

Managers and all non-finance staff involved in designing and maintaining effective internal controls. Finance staff of all levels, external auditors and internal auditors.

Schedule & Fees

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Internal controls are no longer a regime for finance staff but all management who are required to take ownership of and sign off on controls.


This course is your first building block in a strong structure called internal control that allows you to achieve your business, financial reporting and compliance objectives. Course material is based on a strong methodology grounded in regulations associated with Corporate Governance and the COSO framework.

By the end of the workshop participants will:

  • Be convinced of the importance of good control both for business reasons and regulatory compliance.
  • Be aware of the regulatory environment which requires that businesses demonstrate strong controls.
  • Understand the fundamentals of control including key types of control, IT controls and reconciliation controls.
  • Be conscious of control in your everyday work, becoming “ambassadors” for good control, including execution, monitoring and assessing effectiveness of existing controls in your own organisations.
  • Have considered fraud and how to reduce the risk of fraud in their organisations by implementing and maintaining a strong and effective control environment.

Programme Outline

Day 1

  • The Business Case for Control
  • Role of the Audit Committee
  • Control Fundamentals
  • Control Issues Case Study 1
  • Reconciliations
  • IT Controls
  • Control Issues Case Study 2


Day 2

  • Recap Quiz
  • Control Effectiveness
  • Control Issues Case Study 3
  • Monitoring and Remediation
  • Fraud Singapore Case Study
  • Case study change of system, changing risks, change of controls
  • Action Planning


Training Methodology

Webinar style, with practical illustrations and interactive discussions.

Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

Managers and all non-finance staff involved in designing and maintaining effective internal controls. Finance staff of all levels, external auditors and internal auditors.

Programme Facilitator(s)


No course instances or course instance sessions available.