Nigerian Seminars and Trainings

Search all upcoming seminars, conferences, short management courses and training in Nigeria and around the World

business logo

Making the Internal Audit Methodology: Coso-Compliant

By: Tom Associates  

Lagos State, Nigeria

14 - 18 Mar, 2016  5 days

Follow Event

  

NGN 162,750

At the end of the training course, participants will be able to

  • Understand the formal definition of internal control by COSO and the premises providing the theoretical foundation of the framework.
  • Determine the dominant COSO internal control objective relevant to a business function or process to be audited and focus thereon for the purpose of giving audit assurance.
  • Identify, during the Audit planning phase, the Points of Focus relevant to the 17 COSO Principles and the 5 COSO components.
  • Design during the Audit planning phase appropriate tests and inquiries of the Principles as basis for rating effectiveness of controls.
  • Assess each of the 5 prescribed COSO components for their presence and contribution (or lack of it) to the achievement of the chosen objective.
  • Develop a control evaluation form showing ratings for each control component and an overall summary rating indicating whether there is a reasonable assurance that the chosen internal control objective will be achieved. 

Course Contents

Day One

  • The Premises on which COSO Integrated Control Framework is built
  • Comparison of Traditional view of internal controls with COSO Internal Control Framework
  • Enhancements in the revised (May 2013) COSO Integrated Control Framework

Day Two

  • Preparation of COSO Control Evaluation

Day Three

  • Restructuring current Audit methodology to fit COSO requirements
  • Public sector programs
  • Project management
  • Procurement services

Day Four

  • Application of COSO Principles to Compliance functions
  • Application of COSO Principles to Finance functions

Day Five

  • Requirements and Challenges of implementing COSO Integrated Control Framework
5/7 Alade Lawal Street, Opposite Divisional Police Station, Off Ikorodu Road, Anthony, Lagos. Registration: 8.30 - 9.00 a.m. Class Session: 9.00 - 4.00 p.m. Mar 14 - 18 Mar, 2016
NGN 162,750.00(VAT Inclusive)
(Convert Currency)

08033019120

Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
Related Courses
Credit Analysis for Commercial Lending Training Credit Analysis for Commercial Lending Training

3 days, 20 - 22 Jun, 2018 

2018-06-20 12:06:00
Lagos State, Nigeria

Tom Associates

The environment of the Nigerian economy today makes Banking in the country to be most challenging. For this reason, Credit Analysts need the tools and skills to analyse their opportunities and the ...

Leading with Emotional Intelligence Leading with Emotional Intelligence

3 days, 25 - 27 Jul, 2018 

2018-07-25 12:07:00
Lagos State, Nigeria

Tom Associates

In this Leadership with Emotional Intelligence training, managers participating will gain a better understanding of self-management and self-awareness for leadership acumen. This in turn ...

Converting Invested Asset into Profitable Business Outcomes Course Converting Invested Asset into Profitable Business Outcomes Course

4 days, 19 - 22 Jun, 2018 

2018-06-19 12:06:00
Lagos State, Nigeria

Tom Associates

This training teaches the practical paths to shareholder value. It is always easy to say shareholder value is important, but experience is that it is not so easy to make it influence the decisions ...

Management of Non-Current Assets: Fixed Assets Management Management of Non-Current Assets: Fixed Assets Management

3 days, 08 - 10 Aug, 2018 

2018-08-08 12:08:00
Lagos State, Nigeria

Tom Associates

This Management of Non-Current Assets: Fixed Assets Management training course will discuss the following: To expose the participants to the Techniques of Assets Maintenance Management. To enable ...