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Download: Flyer - Black&White (.PDF 354kb) Course Outline (.PDF 153kb) |
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1 JULY 2011 * THE PENINSULA MANILA, MAKATI CITY, PHILIPPINES * 9:00AM to 5:00PM
Fake financial transactions, embezzlements, fraud and theft are some of the most rampant and leading causes of losses & business failures due to weak and ineffective internal controls. Dont let any of these happen to your organization.
Attend this 1-day seminar and learn best practices in how to design and implement controls that will safeguard your assets, enhance integrity of financial reports, and protect you from business operational risks. Discussions will include best practices framework on financial processes and controls, operational policies, and business examples.
REGISTER NOW
Avail of Early Bird and
Group DISCOUNTS
Seminar Investment is P7,980
inclusive of Meals, Resource Kit, &
Certificate of Attendance
Contact Person: Zennie Escudero
Manila lines (+632) 556-8968 or 69
Manila Telefax (+632) 842-7148 or 59
Cebu lines (+63 32) 512-3106 or 07
Email: zennie@cgbp.org
Check: http://www.cgbp.org
Lecturer: Roderick M. Danao, CPA He is the assurance partner and concurrently Learning and Education and Audit methodology leader of Isla Lipana and Co/ PriceWaterhouseCoopers.
He has over 12 years experience in accounting, audit, and business advisory practice both in private and public companies locally and overseas. His postings included assignments in the PricewaterhouseCoopers London and US offices. He is a very articulate and dynamic resource speaker and has lectured in various seminars sponsored by SEC, PICPA, TMAP, PCCI and other firms.
He has over 12 years experience in accounting, audit, and business advisory practice both in private and public companies locally and overseas. His postings included assignments in the PricewaterhouseCoopers London and US offices. He is a very articulate and dynamic resource speaker and has lectured in various seminars sponsored by SEC, PICPA, TMAP, PCCI and other firms.
Business Leaders/ Owners
Board Directors
Entrepreneurs/ GMs
CFOs, Accountants
Business Consultants
Business Stakeholders
MNCs, SMEs
Cooperatives
Board Directors
Entrepreneurs/ GMs
CFOs, Accountants
Business Consultants
Business Stakeholders
MNCs, SMEs
Cooperatives
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Best Practices in
Financial Processes & Controls
The Peninsula Manila, Makati City, Philippines
9:00 am to 5:00 pm, July 1, 2011
Course Outline
1) Introduction
2) Risks and internal control
3) The COSO framework on internal control
Control environment
a) How do you know if your management is committed to strong controls?
b) Do you have the right people doing the right things in your organization?
Risk assessment
a) How do you identify risks relevant to your business objectives?
b) How do you manage risks that would prevent management from achieving business objectives?
Information and communication controls
a) How do you ensure your people understand their roles and responsibilities?
b) How do you ensure effective communications to your external stakeholders?
Control activities (to focus on preventive controls)
a) How do you ensure that there are no fake sales, unauthorized disbursements, etc?
b) How do you know you are paying the right amount of money to your suppliers/creditors etc?
Monitoring of controls
a) How do you monitor effective performance of controls?
b) How do you capture indicators of controls failure?
4) Examples of best practices on controls over the following key business processes
Sales
Purchasing and procurement
Cash disbursements and payments to suppliers
Procurement
Physical control on fixed assets
Payroll
2) Risks and internal control
3) The COSO framework on internal control
Control environment
a) How do you know if your management is committed to strong controls?
b) Do you have the right people doing the right things in your organization?
Risk assessment
a) How do you identify risks relevant to your business objectives?
b) How do you manage risks that would prevent management from achieving business objectives?
Information and communication controls
a) How do you ensure your people understand their roles and responsibilities?
b) How do you ensure effective communications to your external stakeholders?
Control activities (to focus on preventive controls)
a) How do you ensure that there are no fake sales, unauthorized disbursements, etc?
b) How do you know you are paying the right amount of money to your suppliers/creditors etc?
Monitoring of controls
a) How do you monitor effective performance of controls?
b) How do you capture indicators of controls failure?
4) Examples of best practices on controls over the following key business processes
Sales
Purchasing and procurement
Cash disbursements and payments to suppliers
Procurement
Physical control on fixed assets
Payroll
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SEMINAR FEE PER PERSON: P 7,980 (Fee covers Meals, Resource Kit, Certificate of Attendance)
GET AS MUCH AS 15% DISCOUNT! AVAIL OF ANY OR ALL OF THE FOLLOWING:
Less 5% for early registrants (on registrations made on or before June 1, 2011)
Less 5% for early payment (if made on or before June 21, 2011)
Less 5% for group registration (minimum of 3 participants)
GET AS MUCH AS 15% DISCOUNT! AVAIL OF ANY OR ALL OF THE FOLLOWING:
Less 5% for early registrants (on registrations made on or before June 1, 2011)
Less 5% for early payment (if made on or before June 21, 2011)
Less 5% for group registration (minimum of 3 participants)