Internal control for Senior Managers and Directors Workshop

FP Consultants International Pte Ltd
Singapore, Singapore, Singapore

Course Format: Classroom | E-learning | Virtual Class | Online | On-site | Blended | Self-paced
Teacher/Instructor: Jean Yves Le Corre, Msc, Sloan Fellow, CIA
Fee: S$298

Course Description:

'' www.fp-consultants.com/internal_control_smd_17mar.html

Course Outline

Part I.

Why does internal control matter? : recent developments in governance, regulatory requirements and management practices

The Internal Control "landscape"

�internal control relation to corporate governance
�regulatory requirements: the Code of Governance of Singapore
�public sector requirements
�analytical frameworks used by analysts to assess internal control
�disclosure practices and the "beyond compliance" approach
�internal control from a company performance perspective

Understanding the philosophy of the Code of Governance of Singapore

�principle-based approach
�role of risk management
�benchmark analysis from companies disclosures
�trends in governance reporting

Defining the strategy in your organisation: group discussion

Part II.

Internal control definitions and concepts

(this part aims at covering a series of 10 questions in order to develop thorough understanding of the scope, objective and nature of internal control based on practical examples)

�What is controlling?
�What is the role of internal control in controlling
�What internal control can offer and not offer
�Defining the scope of internal control
�Categories of controls: the role of internal control frameworks (COSO)
�Measuring the cost of internal control: risk theory
�Relation with fraud
�Role of monitoring: introducing internal audit
�"Process approach" in internal control
�Internal control compared to process management

Part III.

Defining roles and responsibilities: key principles

�roles at board level and audit committee
�role of management
�role of Head of Internal Audit/ Chief Compliance Officer
�Project management roles
�Coordination with external auditors

Part IV.

Dealing with implementation

(this part will provide a roadmap for defining the key step of implementation of internal control projects)

�Communication: developing a positive "mindset"
�process mapping and risk assessment
�reviewing controls and testing
�reporting and actions plan

Part V.

Documenting internal control
(Participants will he handed a toolkit containing a series of templates for internal control documentation; this is based on the recently issued guidance by the Committee of Sponsoring Organisations ¨CCOSO ¨C entitled: "Internal Over Financial Reporting: Guidance for Smaller Public Companies")

�using documentation tools: examples
�short video and feedback from experience

Course Review and Q&As

Who shoud attend?

�CFOs
�Chief Internal Auditors
�Heads of internal control departments, Compliance officers
�Risk managers
�Senior managers
�Independent directors including members of audit committees

...''

Elements of this syllabus are subject to change.

Phone:+65 6509 0298

School Address:

28 Genting Lane, #07-06 Platinum 28 Singapore 349585


Jobs & Resumes: Singapore
Houses & Roommates: Singapore
Travel Agencies: Singapore

Search other schools for Internal control for Senior Managers and Directors training resources.

Audit Series: Performance Auditing
Executive Development Programme for Senior Internal Auditors ¨Advanced level"
preparation and presentation of financial statements

Notice: The course description on this page was captured from the Internet as historical reference or submitted by visitors. It was archived statically and not updated from day to day.
 

Tips: ASKEDU jobs and talents message board can help you find jobs related to your experience in a specific city, or hire somebody in place with particular knowledges.