HOW TO HAVE INTERNAL CONTROLS

Ref No: SB140420
10 Hoe Chiang Road
#22-01 Keppel Towers
Singapore 089315
Tel: 6701 1132
Email: marilyn.tan@sbf.org.sg
Attn: SBF Members
HOW TO HAVE INTERNAL CONTROLS
Date: Fri, 17 Oct 2014
(1 Day)
Time: 9.00am – 5.00pm (Registration starts at 8.45am)
Venue: Singapore Productivity Centre (11 Eunos Road 8 #08-01, Innovation room)
Fee per pax (incl of GST): $450* (SBF Member)
$ 580*(Non Member)
* Fees include full set of materials and 2 refreshment breaks
This course provides understanding and practice in identifying internal controls using a framework. The
aim is to provide you with an understanding of core governance and issues, practical advice on
compliance and familiarity with accepted best practice. The course focuses on COSO's Internal Control Integrated Framework and introduces the COSO Enterprise Risk Management – Integrated Framework.
This program is designed for finance and non-finance directors and all staff in management and
supervisory roles across all industries with elements of Directors’ due diligence.
Trainer - Ethan Ong has more than 17 years of experience in external, internal and ISO auditing (Deloitte and Touche,
SembCorp Industry Limited, Singapore Powers Ltd and Keppel Corporation) Limited. He holds professional qualification of
Chartered Accountant by the Institute of Singapore Chartered Accountants (ISCA), Certified Internal Auditor by the Institute of
Internal Auditor (IIA) and Certified Fraud Examiner by the Association of Certified Fraud Examiners.
Programme Outline
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Introduction to Internal Controls
What is Internal Controls and Risk Management?
Governance Models
Roles of the Audit Committee, the Internal Auditor, the External
Auditor
ERM and Internal Control framework (elaborated below)
Best practices for internal controls
(A) COSO - Internal Control Framework
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The components of COSO Internal Control Framework
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Types of internal controls and Evaluation of internal controls
(b) COSO-ERM Framework
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Internal Environment as the Foundation of Risk
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Objective Setting and Linking to Risk Appetite and
Risk Tolerance
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Risk Assessment - Application of Risk Assessment
Techniques; Inherent and
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Residual Risks; Impact and Probability
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Risk Response Types
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Information and Communication - Communication
with Internal and External Parties
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Whistle-Blowing
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Monitoring - The Roles of Internal and External
Stakeholders; On-going and Separate Monitoring
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Programme is accurate at the time of print
Enjoy 400% tax deduction or 60% cash payout for investment in training fees under the Productivity and Innovation Credit (PIC) scheme.
For more information, refer to www.iras.gov.sg/irashome/PIcredit.aspx_
Administrative Details:
 Please MAIL this registration form together with cheque to SBF (refer to address on above letterhead). Issue cheque payable to Singapore Business
Federation. Please state Ref No., company name and participant’s name, at the back of the cheque.
 Confirmation of your registration will be emailed to your company. Pls present confirmation for admission to seminar room.
 We regret that no refund will be made for cancellation or non-attendance but a replacement is allowed. Full fees will be charged for cancellation or nonattendance.
 SBF reserves the right to make any amendments and/or changes to the programme, venue, speaker and/or topics if warranted by circumstances beyond
SBF’s control.
NOTE: As a precautionary measure, our advice is for members who are unwell not to attend the session.
Ref No: SB-140420
REGISTRATION FORM (Fax: 6827 6807)
□ SBF Members, membership no. :
(Email: marilyn.tan@sbf.org.sg)
Attn: SBI Dept (Closing date: 14 October 2014)
$450
□ Non Member
$580
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