Internal Control -  Compliance, Operational and Financial

Internal Control - Compliance, Operational and Financial


Choose from the following table the course date which you would like to attend the course on :

Sart
End
Fees
Venue
Length
25-Mar-2018
29-Mar-2018
7500$
Istanbul (Turkey)
One Week
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18-Mar-2018
22-Mar-2018
4700$
Dubai (UAE)
One Week
Click Here
25-Mar-2018
29-Mar-2018
6950$
Paris (France)
One Week
Click Here
8-Apr-2018
12-Apr-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
1-Apr-2018
5-Apr-2018
5700$
London (UK)
One Week
Click Here
27-May-2018
31-May-2018
7500$
Istanbul (Turkey)
One Week
Click Here
13-May-2018
17-May-2018
4700$
Dubai (UAE)
One Week
Click Here
27-May-2018
31-May-2018
6950$
Paris (France)
One Week
Click Here
3-Jun-2018
7-Jun-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
24-Jun-2018
28-Jun-2018
5700$
London (UK)
One Week
Click Here
22-Jul-2018
26-Jul-2018
7500$
Istanbul (Turkey)
One Week
Click Here
1-Jul-2018
5-Jul-2018
4700$
Dubai (UAE)
One Week
Click Here
22-Jul-2018
26-Jul-2018
6950$
Paris (France)
One Week
Click Here
5-Aug-2018
9-Aug-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
19-Aug-2018
23-Aug-2018
5700$
London (UK)
One Week
Click Here
16-Sep-2018
20-Sep-2018
7500$
Istanbul (Turkey)
One Week
Click Here
23-Sep-2018
28-Sep-2018
4700$
Dubai (UAE)
One Week
Click Here
16-Sep-2018
20-Sep-2018
6950$
Paris (France)
One Week
Click Here
7-Oct-2018
11-Oct-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
14-Oct-2018
18-Oct-2018
5700$
London (UK)
One Week
Click Here
11-Nov-2018
15-Nov-2018
7500$
Istanbul (Turkey)
One Week
Click Here
18-Nov-2018
22-Nov-2018
4700$
Dubai (UAE)
One Week
Click Here
11-Nov-2018
15-Nov-2018
6950$
Paris (France)
One Week
Click Here
23-Dec-2018
27-Dec-2018
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
2-Dec-2018
6-Dec-2018
5700$
London (UK)
One Week
Click Here
6-Jan-2019
10-Jan-2019
7500$
Istanbul (Turkey)
One Week
Click Here
27-Jan-2019
31-Jan-2019
4700$
Dubai (UAE)
One Week
Click Here
6-Jan-2019
10-Jan-2019
6950$
Paris (France)
One Week
Click Here
17-Feb-2019
21-Feb-2019
4700$
Kuala Lumpur (Malaysia)
One Week
Click Here
10-Feb-2019
14-Feb-2019
5700$
London (UK)
One Week
Click Here

Objectives:

  • Implement controls in the accounting processes.
  • Assign functions and roles within the accounting department to maximize controls while optimizing performance.
  • Assist in designing corporate business cycles to achieve better controls.
  • Achieve segregation of duties and internal controls in the accounting department and related functions.
  • Increase reliability on processes and decrease the likelihood of fraud through the organization.
  • Comply with external reporting requirements by governmental and semi-governmental authorities.
  • Develop operational policies and procedures in accordance with internal control requirement.
  • Design and maintain financial controls.

The content:

Purpose of Internal Controls

  • Compliance Requirements through Internal Controls
  • Compliance Requirements for Oversight Boards
  • Examples of Compliance Requirements
  • Other Considerations: Fraud Prevention and Customer Satisfaction

Implementing Controls in Business Cycles

  • Controls in Purchase and Payment Cycle
  • Controls in Inventory and Costing Cycle
  • Controls in HR and Payroll Cycle
  • Controls in Sales and Collection Cycle
  • Controls in Fixed Assets Life Cycle
  • The Human Element Role in Controls
  • Technology Role in Implementing Controls
  • Segregation of Duties in Business Cycles
  • Required Reporting in Business Cycles
  • Approvals and Authorization in Business Cycles
  • Risks to Corporation in Lack of Control in the Cycle
  • Costs of Controls and Controlling Costs in Business Cycles
  • Controlling Assets and Inventory Movements within the Company
  • Preventing Fraud through Proper Controls

Information System Controls

  • Safeguarding Data
  • Access to Communication Systems
  • Security Reports

Financial Controls

  • Controlling Access to Financial Assets
  • Controls on Financial Reporting
  • Controls through Budgets
  • Controls through Management Reporting
  • Reflecting Financial Controls in Policies and Procedures

Administrative Controls

  • Controlling Access to Building
  • Controls on Maintenance and Repairs
  • Safety and Security Controls
  • Legal Implications on Some Safety Measures
  • Required Reporting in Administration

External Reporting

  • Financial Reporting Requirements
  • Reporting to Labor Related Authorities
  • Social Security Administration Reporting Requirements

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