INTERNAL CONTROL: COMPLIANCE, OPERATIONAL AND FINANCIAL

Content

 Purpose of Internal Controls

• Compliance Requirements through Internal Control
• Principles of Internal Controls
• Risk Assessment and Control Activities
• Governance, Risk, Compliance, Controls and Audit

Information System Controls

• Safeguarding Data
• Access to Communication Systems
• Security Reports
• System Controls and Audit Trails

Financial Controls

• Controlling Access to Financial Assets
• Controls on Financial Reporting
• Controls through Budgets
• Controls through Management Reporting
• Reflecting Financial Controls in Policies and Procedures

External Reporting

• Financial Reporting Requirements
• Reporting to Labour Related Authorities
• Social Security Administration Reporting Requirements

Administrative Controls

• Controlling Access to Building
• Controls on Maintenance and Repairs
• Safety and Security Controls
• Legal Implications on some Safety Measures
• Required Reporting in Administration

Implementing Controls in Business Cycles

• Approvals and Authorization in Business Cycle
• Costs of Controls and Controlling Costs in Business Cycle
• Controlling assets and Inventory Movements within the Organization
• Preventing Fraud through Proper Controls

FOR WHOM: Internal Auditors, Compliance Officers, Risk Managers, Directors, Heads of Departments, Decision Makers, Business Development Managers, Systems Analysts, Operation Managers, Human Resources Managers and others who perform related functions.

DATE:             7th – 9th May, 2025

                       5th – 7th November, 2025