Course Detail(IA134 : Internal Controls in SMEs & Subsidiaries)

IA134 : Internal Controls in SMEs & Subsidiaries

7.00 CPE Hours (Others)
Classroom

Programme Objective

With more reported cases on employees in smaller companies misusing company funds and/or committing fraud, there is greater need for awareness among the small & medium enterprises (SMEs) and subsidiaries in Group of Companies on the uses of internal controls for preventive and detective measures.

 

This course aims to equip participants with knowledge and guidance on identifying, evaluating and strengthening Internal Controls required in SMEs and subsidiaries, through the effective use of Internal Auditing. This course will also cover effective methods to set up a sound internal control system.

Programme Outline

  • Discuss Internal Controls and its significance and relevance to SMEs & subsidiaries
  • The various stakeholders’ responsibilities for understanding, assessing, testing and evaluating the operating effectiveness of internal controls in SMEs & subsidiaries
  • Using an appropriate control framework (such as the COSO framework) to assess and evaluate the internal controls, including an assessment of the strength of the client’s corporate governance mechanisms
  • 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
  • Reporting to those charged with governance and management on significant and other deficiencies in internal control and recommended actions
  • Use of effective methods for setting up a sound internal control system in SMEs & subsidiaries

Training Methodology

Lecture style, with Exercises/Case Studies

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

All professionals who want to have a better understanding of internal controls and/or are interested in establishing and strengthening internal controls in SMEs or Group's subsidiaries

Competency Mapping

Others = 7.00 Hours

Schedule & Fees

Date & Time

04 Feb 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

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

Programme Facilitator(s)

Jerry Lee

Venue

60 Cecil Street
ISCA House
Singapore 049709

Date & Time

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

Registration is closed

Programme Facilitator(s)

Jerry Lee

Date & Time

27 Oct 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Jerry Lee

Date & Time

30 Jun 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Jerry Lee

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Jerry Lee
CPA Singapore, FCCA, CIA


Throughout his internal auditing career, Jerry has successfully recruited, trained, and mentored internal auditors inculcating the essential values, imparting the necessary technical and practical skills to transform them into well-rounded audit practitioners. With deep understanding of the practical demands from his extensive regional auditing career, he tailors his trainings to ensure that audit practitioners are armed with the skill sets necessary to face today’s challenges.
 
Jerry is an Internal Audit Partner with a consultancy firm, an arm of a company that specializes in aspects of statutory audit, taxation and business listing. Prior to his current role, Jerry has acquired broad international experiences of more than 12 years with a number of MNCS in a various industries. He is accredited with CPA Singapore, FCCA and CIA.
 
He travels extensively in Asia Pacific and occasionally, Europe for internal audit and business operations reviews, through this, he learnt the impact of different cultural backgrounds, language, and practices have on achieving audit objectives; and deliverables. Beside internal audit, he also led and managed successful business operation restructuring projects in the region.
 

Programme Objective

With more reported cases on employees in smaller companies misusing company funds and/or committing fraud, there is greater need for awareness among the small & medium enterprises (SMEs) and subsidiaries in Group of Companies on the uses of internal controls for preventive and detective measures.

 

This course aims to equip participants with knowledge and guidance on identifying, evaluating and strengthening Internal Controls required in SMEs and subsidiaries, through the effective use of Internal Auditing. This course will also cover effective methods to set up a sound internal control system.

Programme Outline

  • Discuss Internal Controls and its significance and relevance to SMEs & subsidiaries
  • The various stakeholders’ responsibilities for understanding, assessing, testing and evaluating the operating effectiveness of internal controls in SMEs & subsidiaries
  • Using an appropriate control framework (such as the COSO framework) to assess and evaluate the internal controls, including an assessment of the strength of the client’s corporate governance mechanisms
  • 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
  • Reporting to those charged with governance and management on significant and other deficiencies in internal control and recommended actions
  • Use of effective methods for setting up a sound internal control system in SMEs & subsidiaries

Training Methodology

Lecture style, with Exercises/Case Studies

Closing Date for Registration

1 week before programme or until full enrolment

Intended For

All professionals who want to have a better understanding of internal controls and/or are interested in establishing and strengthening internal controls in SMEs or Group's subsidiaries

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)

Jerry Lee
CPA Singapore, FCCA, CIA


Throughout his internal auditing career, Jerry has successfully recruited, trained, and mentored internal auditors inculcating the essential values, imparting the necessary technical and practical skills to transform them into well-rounded audit practitioners. With deep understanding of the practical demands from his extensive regional auditing career, he tailors his trainings to ensure that audit practitioners are armed with the skill sets necessary to face today’s challenges.
 
Jerry is an Internal Audit Partner with a consultancy firm, an arm of a company that specializes in aspects of statutory audit, taxation and business listing. Prior to his current role, Jerry has acquired broad international experiences of more than 12 years with a number of MNCS in a various industries. He is accredited with CPA Singapore, FCCA and CIA.
 
He travels extensively in Asia Pacific and occasionally, Europe for internal audit and business operations reviews, through this, he learnt the impact of different cultural backgrounds, language, and practices have on achieving audit objectives; and deliverables. Beside internal audit, he also led and managed successful business operation restructuring projects in the region.
 


Upcoming Schedule

Date & Time

04 Feb 2020 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

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

Programme Facilitator(s)

Jerry Lee

Venue

60 Cecil Street
ISCA House
Singapore 049709