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Download: Flyer - Black&White (.PDF 349kb) Course Outline (.PDF 167kb) |
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presents
WEDNESDAY & THURSDAY, JUNE 9 & 10, 2021 * 1:30PM TO 4:30PM * via 
Fake financial transactions, embezzlements, fraud and theft are some of the most rampant and leading causes of losses & business failures due to weak and ineffective internal controls. Don't let any of these happen to your organization.
Attend this one-day training and learn best practices in how to design and implement controls that will safeguard your assets, enhance integrity of financial reports, and protect you from business operational risks. Discussions will include best practices framework on financial processes and controls, operational policies, and business examples.
Attend this one-day training and learn best practices in how to design and implement controls that will safeguard your assets, enhance integrity of financial reports, and protect you from business operational risks. Discussions will include best practices framework on financial processes and controls, operational policies, and business examples.
Course Director & Lecturer:
Mary Jane O. Rosales, CPA, CIA, CCSA, CRMA is Senior Partner of Domingo, Rosales and Associates. She has over 14 years in internal audit and risk management experiences and 22 years in accounting/controllership experiences including her stint with Petron Corporation's Controllers Department, Internal Audit Department and Refinery Finance Division and various engagements in private and publicly-listed companies and government agencies and local government units, after early retirement from Petron. She graduated with a BSBA degree major in Accounting from the University of the Philippines. She became President of the Institute of Internal Auditors Philippines in 2008 but served as Director of the Board since 2003. She is a Distinguished Toastmaster, the highest norm given by Toastmasters International.
Mary Jane O. Rosales, CPA, CIA, CCSA, CRMA is Senior Partner of Domingo, Rosales and Associates. She has over 14 years in internal audit and risk management experiences and 22 years in accounting/controllership experiences including her stint with Petron Corporation's Controllers Department, Internal Audit Department and Refinery Finance Division and various engagements in private and publicly-listed companies and government agencies and local government units, after early retirement from Petron. She graduated with a BSBA degree major in Accounting from the University of the Philippines. She became President of the Institute of Internal Auditors Philippines in 2008 but served as Director of the Board since 2003. She is a Distinguished Toastmaster, the highest norm given by Toastmasters International.
Who Should Attend:
• Business Leaders
• Board Directors
• Entrepreneurs/ GMs
• CFOs, Accountants
• Business Consultants
• Business Stakeholders
• MNCs, SMEs
• Cooperatives
*Training investment inclusive of an e-certificate and a printed learning material
P 4,580 (when you register and
pay on or before May 9)
P 5,580 (when you register and
pay after May 9)
*Optional: Add P450 for a printed copy of a certificate of attendance inclusive of delivery charge
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Contact Person: Kyra Villanueva
Mobile Number (+63 949) 414-3935
Telefax: (+632) 8842-7148 or 59
Email: kyra.cgbp@yahoo.com
Check: www.cgbp.org
• Board Directors
• Entrepreneurs/ GMs
• CFOs, Accountants
• Business Consultants
• Business Stakeholders
• MNCs, SMEs
• Cooperatives
pay on or before May 9)
P 5,580 (when you register and
pay after May 9)
Mobile Number (+63 949) 414-3935
Telefax: (+632) 8842-7148 or 59
Email: kyra.cgbp@yahoo.com
Check: www.cgbp.org
Best Practices in Implementing Effective Business Controls
WEDNESDAY & THURSDAY, JUNE 9 & 10, 2021 * 1:30PM TO 4:30PM * via
Course Outline
1) What is Internal Control?
2) Internal Control as a Risk Management strategy
3) The Risk-based Internal Control Framework (COSO)
4) Types of Controls
5) The Need to Improve Internal Controls
A. Sustainability of business growth
B. Resiliency during times of crisis
C. Maximize business opportunities
6) The Challenges of Improving Internal Controls
A. Neglect of internal controls
B. Lack of risk awareness
D. Problems in internal environment
E. Distortion of financial information
F. Poor management communication
G. Lack of effective supervision mechanisms
H. Cost-effectiveness
7) The Measures of Improving Internal Controls
A. Strengthening knowledge of business value of controls and risk awareness
B. Development / construction of strong internal environment
C. Improving Internal information systems
D. Enhancing corporate oversight mechanisms
E. Effective management of supervision / monitoring processes
8) Best Practices: Risk-based Controls over selected Significant Business Areas
A. Financial Reporting
B. Revenue and Collection (including sales quotas, credit management, pricing, competitive activities, customer refunds)
C. Expense and Disbursements
D. Supply Chain (Procurement, Manufacturing, Quality Control,
E. Delivery, Inventory / Warehousing, Returns, Stock transfers)
F. Organization and Personnel
G. Capital Expenditures
H. Compliance to laws & regulations
I. Product Development
J. Marketing
K. Maintenance of assets
9) Fraud Management as part of Internal Controls
2) Internal Control as a Risk Management strategy
3) The Risk-based Internal Control Framework (COSO)
4) Types of Controls
5) The Need to Improve Internal Controls
A. Sustainability of business growth
B. Resiliency during times of crisis
C. Maximize business opportunities
6) The Challenges of Improving Internal Controls
A. Neglect of internal controls
B. Lack of risk awareness
D. Problems in internal environment
E. Distortion of financial information
F. Poor management communication
G. Lack of effective supervision mechanisms
H. Cost-effectiveness
7) The Measures of Improving Internal Controls
A. Strengthening knowledge of business value of controls and risk awareness
B. Development / construction of strong internal environment
C. Improving Internal information systems
D. Enhancing corporate oversight mechanisms
E. Effective management of supervision / monitoring processes
8) Best Practices: Risk-based Controls over selected Significant Business Areas
A. Financial Reporting
B. Revenue and Collection (including sales quotas, credit management, pricing, competitive activities, customer refunds)
C. Expense and Disbursements
D. Supply Chain (Procurement, Manufacturing, Quality Control,
E. Delivery, Inventory / Warehousing, Returns, Stock transfers)
F. Organization and Personnel
G. Capital Expenditures
H. Compliance to laws & regulations
I. Product Development
J. Marketing
K. Maintenance of assets
9) Fraud Management as part of Internal Controls
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*Training investment is inclusive of an e-certificate and a printed learning material
P 4,580 (when you register and pay on or before May 9)
P 5,580 (when you register and pay after May 9)
CLICK HERE TO ENROLL NOW!
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*Training investment is inclusive of an e-certificate and a printed learning material
P 4,580 (when you register and pay on or before May 9)
P 5,580 (when you register and pay after May 9)
*Optional: Add P450 for a printed copy of a certificate of attendance inclusive of delivery charge
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