Includes
Customer Support
INTERNAL CONTROL: COMPLIANCE, OPERATIONAL AND FINANCIAL
Date: 3 days, May.7 - May.9, 2025
Workshop Fee:
205000
Location: 13, John Olugbo Street, Off Toyin Street, Ikeja - Lagos, NG
Website: http://www.avantgardenigeria.com
Avant-Garde Resources Center (ARC)
Course Description:
Objective
Internal controls are an interesting topic in the corporate environment. This workshop focus on various activities that is been carries out in a corporate environment and provides proper measures and controls for the risks at hand. By the end of this workshop, participants will be able to:
- Achieve segregation of duties and internal control in the accounting department and related functions
- Develop operational policies and procedures in accordance with internal control requirement
- Increase reliability on processes and decrease the likelihood of fraud through the organization
- Design, implement and maintain financial control in all your transactions
Content
Purpose of Internal Controls
· Compliance Requirements through Internal Control
· Principles of Internal Controls
· Risk Assessment and Control Activities
· Governance, Risk, Compliance, Controls and Audit
Information System Controls
· Safeguarding Data
· Access to Communication Systems
· Security Reports
· System Controls and Audit Trails
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
External Reporting
· Financial Reporting Requirements
· Reporting to Labour Related Authorities
· Social Security Administration Reporting Requirements
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
Implementing Controls in Business Cycles
· Approvals and Authorization in Business Cycle
· Costs of Controls and Controlling Costs in Business Cycle
· Controlling assets and Inventory Movements within the Organization
· Preventing Fraud through Proper Controls
FOR WHOM: Internal Auditors, Compliance Officers, Risk Managers, Directors, Heads of Departments, Decision Makers, Business Development Managers, Systems Analysts, Operation Managers, Human Resources Managers and others who perform related functions.