Focus & Features
Internal controls are necessary to effectively and efficiently carry out an organization's goals and objectives at all levels.
Designing and implementing an effective system of internal control can be challenging. Adaptability to rapidly changing business models, new technologies and globalization requires a system to be agile. An internal control system requires the use of judgment to monitor and assess its effectiveness and it must provide insight on the application of controls.
To become an effective Internal Auditor, the main objectives of this training are as follows:
Through team exercises, group discussions, case studies and lectures, attendees will gain a foundation of knowledge that will allow Internal Auditors to define, identify, design and evaluate internal controls. A basic understanding of the roles of risks and internal controls will also be stressed, along with interpersonal and team-building skills.
What You Will Learn
I. Definition of Internal Controls
II. The Committee of Sponsoring Organization (COSO) of the Treadway Commission Framework
III. Identifying Internal Controls
IV. Designing Internal Controls
V. Baseline: Process and Control Documentation
VI. Evaluating Internal Controls
internal control questionnaires
risk and control matrix
VII. Case Studies
VIII. Seminar Conclusion
St. Giles Hotel, Makati Avenue corner Kalayaan Avenue Makati City Philippines
Makati Avenue corner Kalayaan Avenue
Makati City, Philippines