COURSE OBJECTIVES: This course sets out to provide participants with an appreciation of internal control and its importance, together with insights into how to design cost-effective, well-controlled systems and to assess their quality.
BACKGROUND: Sir Adrian Cadbury once said that all the failures of quoted companies have been failures of internal control. Even those companies that have failed because their strategy was wrong, arguably developed and adopted their strategy in a poorly controlled way. Despite the understandable focus on corporate governance and risk management, we need to get back to basics and apply effective internal control measures throughout our businesses. Boards and senior management then need assurance that internal control is effective.
COURSE CONTENT
- Understanding internal control
- How internal control interacts with risk management and governance processes
- The hallmarks of an effectively controlled business process
- Designing well controlled processes
- Assessing the effectiveness of internal control
- Providing assurance on control effectiveness
WHO SHOULD ATTEND
The course is appropriate for private, public and not-for-profit sector participants. It is for internal auditors, risk managers, accountants, general management and external auditors - all of whom need a keen appreciation of internal control.
This course is designed to be run either as an in-house course or as a training pool title only. For more information on how the training pool works please click on the Quorum Training Pool item in the menu on the left of this page.
To enquire about this course please complete the enquiry form or call our in-house course bookings team on 0207 566 8207.