Internal Controls for Fraud Prevention for Non Audit Professionals

Course details

INTRODUCTION

Understanding the early signs of fraud is essential to the design of systems and controls for the organisation. This workshop is designed to raise the level of fraud and internal controls awareness among staff and establish effective internal control activities to help strengthen your organisation’s resistance to fraud.

This program also provides participants with a good foundation to develop a fraud risk management program for the company.

COURSE OBJECTIVES

Upon completion of the training, the participants will be able to :

• Recognise that management is responsible for ensuring that internal controls are established
• Explain that each member of the organisation plays a role in ensuring the effectiveness of internal controls
• Discover the components of an effective control environment
• Determine the effectiveness of existing internal control practices
• Identify control weaknesses and develop effective control activities to manage risks pertaining to major business processes

COURSE OUTLINE

• Introduction to Internal Controls
• Control Environment
• Risk Assessment
• Control Activities
• Information and Communication
• Monitoring