Internal control and fraud awareness

Benefits of Attending

In an increasingly regulated corporate world many organisations need assistance making necessary changes to their business practices. Internal controls are no longer a regime for finance staff but all management who are required to take ownership of and sign off on controls. The challenge however is to understand how you can create a strong control environment in your organisation and how you can practically implement an Internal Control framework.

This course is your first building block in a strong structure called internal control that allows you to achieve your business, financial reporting and compliance objectives. Course material is based on a strong methodology grounded in regulations associated with Corporate Governance and the COSO framework.

By the end of the workshop participants will:

Be convinced of the importance of good control both for business reasons and regulatory compliance.
Be aware of the regulatory environment which requires that businesses demonstrate strong controls.
Understand the fundamentals of control including key types of control, IT controls and reconciliation controls.
Be conscious of control in your everyday work, becoming “ambassadors” for good control, including execution, monitoring and assessing effectiveness of existing controls in your own organisations.
Have considered fraud and how to reduce the risk of fraud in their organisations by implementing and maintaining a strong and effective control environment.

Course overview

Equip yourself with key skills needed in the finance function

Increase the financial literacy and financial management capabilities of SME owners and business leaders and provide assistance on how their companies can get into a better financial standing.

Raise the level of awareness of how SME owners and business leaders can access different forms of capital for their financing needs.

Tap into a valuable professional network

This programme will feature a number of panel discussions and fireside chats with experienced practitioners from banking and financial institutions, as well as successful SME business owners and CFOs with SME experience.

Make use of SkillsFuture Singapore subsidy schemes

Receive reimbursement from SkillsFuture Singapore subsidy schemes. For non-SME companies and individuals (Singaporeans / PRs below 40 years old), 70% of your course fee could be subsidised. For SMEs and individuals (Singaporeans / PRs above 40 years old), the subsidy increases to 90%.

Course programme

Day 1

The Business Case for Control
Role of the Audit Committee
Control Fundamentals
Control Issues - Case Study 1
Reconciliations
IT Controls
Control Issues - Case Study 2

Day 2

Recap Quiz
Control Effectiveness
Control Issues - Case Study 3
Monitoring and Remediation
Fraud - Singapore Case Study
Case study - change of system, changing risks, change of controls
Action Planning

Subject expert and trainer

Anthony Moore

Programme Director and Chief Trainer

Anthony Moore has more than 20 years of experience advising clients on their financial and communications training strategy across a broad range of industries. To date, Tony has conducted training for more than 12,000 participants in finance and working capital management over a span of more than 20 years at PwC Singapore.

Tony is one of PwC’s leading workshop facilitators for both face to face training and virtual learning and has designed and facilitated workshops successfully in Singapore, Malaysia, Hong Kong, China, Korea, Japan, Vietnam, Indonesia, India, Sri Lanka, Thailand, France, USA, South Africa, Azerbaijan, Dubai, United Kingdom, Australia and New Zealand.

Course feedback ...

Excellent - re-energised my thoughts on the importance of control
The materials, the trainer’s knowledge sharing, the case studies
Fun, useful and informative
Amazing. Engaging and enriching
The most interesting course I have ever taken
Excellent!. I can participate comfortably and it is relevant to my daily work

Course fees

PwC Clients and Alumni	Public
S$1,050	S$1,200

*GST will be applicable on the above fees

Register online

Download registration form

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