Nigerian Seminars and Trainings

Search conferences, training, seminars, courses and workshops in Nigeria and around the world

business logo

Making the Internal Audit Methodology: Coso-Compliant

By: Tom Associates Training  

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)


Discount of 5% to 3-4 participants from same organization. Discount of 10% to 5 or more participants from same organization.
Related Courses
Internal Audit Course Internal Audit Course

4 days, 12 - 15 Dec, 2017 

2017-12-12 12:12:00
Lagos State, Nigeria

Tom Associates Training

This Internal Audit course will discuss the following. Day One Review and Appraisal of Operations  Compliance with policies, plans and procedures Safeguard of assets Detection and prevention of ...

Mastering and Managing the Corporate Planning Function Mastering and Managing the Corporate Planning Function

3 days, 29 - 31 Mar, 2017 

2017-03-29 12:03:00
Lagos State, Nigeria

Tom Associates Training

Success at managing the Corporate Planning functions of the organization is like managing internal Consulting Services.  You must have your expertise.  You must understand relationship ...

Contract Management Course Contract Management Course

4 days, 02 - 05 May, 2017 

2017-05-02 12:05:00
Lagos State, Nigeria

Tom Associates Training

Organizations need effective contract management practices to avoid risk and achieve optimal outcomes. This course provides the knowledge and skills to successfully manage and execute the contracting ...

Foundation Excel for Financial and Business Analysis Foundation Excel for Financial and Business Analysis

3 days, 05 - 07 Jun, 2017 

2017-06-05 12:06:00
Lagos State, Nigeria

Tom Associates Training

This course is designed as an introduction to basic spreadsheet tools and formulas. Candidates will be able to map data to predict the future. Major corporations and small businesses alike use ...