Internal Control Framework

This training seeks to provide participants with the knowledge and requisite skills to understand and implement Risk Management and indeed Internal Controls framework. Attendees will learn the entirety of risk management framework and its implementation, control environment and activities, how to perform an Internal Controls Risk Assessment, illustrative tools, and relevant case,s etc.
Learning Objectives:

• Understand the globally acceptable concepts of internal controls and its application
• Horn skills on the application of globally acceptable concepts and practices
• Learn the guidance of COSO on the control environment.
• Learn the guidance of COSO on risk assessment
• Learn the guidance of COSO on control activities
• Learn the guidance of COSO on monitoring activities
  
  Key Topics:
   
• Identify key terms, definitions, and concepts of COSO’s Internal Control-Integrated Framework
• Relationship among objectives, components, and the entity’s structure in achieving an effective system of internal control.
• Understanding and application of the concepts of the Framework regarding control environment
• Understanding and application of the concepts of the Framework regarding control environment
• Understanding and applying the concepts of the Framework regarding control activities
• Assessing the Design and Implementation effectiveness of monitoring activities
• Understanding and application of the concepts of the Framework regarding information and communication
• Understanding and applying the concepts of the Framework regarding risk assessment