Certified by: Cognicert Limited www.cognicert.com

TARGET AUDIENCE Accounting officers, store keepers/ managers, Accounting managers, Auditors, Compliance officers, CEOs, CFOs, Business owners, Managers and supervisors, Directors, Financial managers, Admin. Officers and other Managers.
OBJECTIVES ·         Understand how to formulate safety and accountability internal control policies·         Carry out basic auditing to ensure internal checks and balances

·         Investigate any suspected fraudulent situation.

  • The factors behind each component of internal controls
  • The objectives internal controls must satisfy to be useful
  • Whether manual- or technology-based monitoring works best for your organization
  • The accounting cycles that are most commonly audited
  • How to measure risk likelihood and its potential impact

·         The steps necessary to comply with Sarbanes-Oxley 404 requirements

·         To ensure compliance across board

PROGRAM CONTENT ·         Internal control policy formulation processes·         Audit planning and evidences

·         Auditing of final accounts and group accounts

·         Auditing the computer systems

·         Investigation and stock taking

·         Definition and Importance Internal Controls

·         Creating the Internal Control Structure

·         Risk Assessment and Considerations

·         Managing Control Activities to Minimize Risks

·         Using ORCA to evaluate management controls

·         Establishing Internal Accounting Controls

·         Strategies for preventing fraud in your cycles

·         Understanding and Complying With Regulations

·         Monitoring and Reporting on Internal Controls

·         Creating and implementing a testing system

·         Manual vs. technology-based monitoring

·         Elements of effective internal controls reports

Duration: 3 days

Training Methodologies

  • Case Study
  • Individual Exercises
  • Role Play
  • Group Exercises
  • Group Presentation
  • Examination

Assessment and Qualification
Learning is assessed through:

  • 2 hours open examination. Passing the exams qualifies the candidate for Cognicert Auditing and Internal Control Professional (CPD Certificate)
  • Practical experience of 25 days with activity log qualifies participants for our Cognicert Auditing and Internal Control Professional (Implementer Category) I.D Card and Certificate
  • Practical experience of 50 days with activity log qualifies participants for our Cognicert Auditing and Internal Control Professional (Lead Implementer Category) I.D Card and Certificate

Material, Exam and Certification fee: £150

Retake fee: £100

September 18 August 30, 2021
October 16 September 3, 2021
November  20 October 20, 2021
December 11 November 11, 2021

Cancellation: 3 weeks before examination attract 100%. 0% refund after.