Critical Issues In Internal Control System that management need to know:
Bulls Capital Internal Controls: Financial, Management and Operations Course introduces such participants to the rudiments of the world of Organization.
This course will lay emphasis on how and why internal controls is needed to be developed and examined in relation to finance, management and operations in an organization. This course is designed for those who have been involved in their entity’s audit process and want to broaden their professional technical skills
This training will help participants in learning the technical-knowhow of:
This training is designed for Auditors, Senior managers and anyone involves in internal control in an organization.
The training is prepared in such a way that, every participant will be able to assimilate what is been lectured and at the end of the training, a copy of the training materials shall be given to all participants.
Day One
Financial Controls
Preparation of Financial Statements in conformance with IFRS standard
Effective controlling of cash receipts and expenditure records
Transactions coding consistent with budget
Budget: Spending plans and budget revisions approvals and recording
Management of Cash
Prudence
Day Two
Operational Controls and Management Controls
Equipment and Inventory
Computer Systems
Standard Operation Procedures and Legal activities
Human Resources
Audit: Effectiveness of audit, Unannounced audits and timely & adequacy of audit.
Investments
