Internal Controls

Our goal is to equip executives with a comprehensive understanding of internal controls,enabling them to make informed decisions and effectively oversee the organization’sinternal control system. Our Internal controls training covers the following key areas:

• Overview of internal controls and their importance
• COSO Framework
• Internal control components: (i) Control environment, (ii) Risk assessment, (iii) Control activities, (iv) Information and communication, (v) Monitoring
• Internal control over financial reporting (ICFR)
• Internal control over operations (ICO)
• Internal control over compliance (ICC)
• Risk management and internal controls
• Fraud prevention and detection
• IT general controls and application controls
• Evaluating and improving internal controls
• Internal audit and assurance
• Regulatory requirements and compliance

The training is usually tailored to the organization’s specific needs and industry and include:

• Case studies and examples
• Group discussions and exercises
• Interactive presentations
• Real-world scenarios and best practices
• Industry-specific regulations and standards