COURSE OBJECTIVESAt the end of the course, participants will be able to:
- ï‚· Understand relevant concepts in internal controls
- ï‚· Understand internal control guidelines
- ï‚· Understand global standards on internal controls
- ï‚· Understand the types of internal controls
- ï‚· Understand how internal controls can be computerised
- ï‚· Understand the use of computer tools(CAATs) in the implementation of internal controls
- ï‚· Understand the impact of regulatory environment on internal controls
- ï‚· Understand the implementation of internal controls
COURSE OUTLINE
- Definitions
- Objectives of internal controls
- Types of internal controls
- Internal controls and the fraud triangle
- Internal control guidelines
- COSO Framework
- IT controls: General and application controls
- Computerization of internal controls
- Continuous controls
- Computer Assisted Audit Tools (CAATs)
- Regulatory environment and internal controls(SOX,PCIDSS,ISO 27001,ISO 22301,ISO 20000 etc)
- Implementation of internal controls
