PROGRAM FOR INTERNAL CONTROL SYSTEM EVALUATION AND RECOMMENDATION

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2018 / …. / ….  –  2018 / …. / ….

On going

Purpose

  • Learn how to evaluate internal control system of the organization.
  • Learn the effective way to reduce risk.
  • Learn how to block the possibility of fraud.
  • Learn how to organize your business efficiently.
  • Learn to prevent illicit activities and mistakes.
  • Learn the accuracy and completeness of accounting.
  • Learn to assess the strategic plan and performance progress.

Who can apply?

  • Shareholders
  • Board members
  • Audit committee members
  • Executives
  • Internal and external auditors
  • Everyone who is interested in

Teachers

The class will be held by CIA Mongolia certified teachers and will use 4 books developed by the internationally qualified internal auditor authorization program, authored by the The President of the Institute of Internal Auditors Mongolia, Certified Internal Auditor L.Otgonbayar.

Syllabus

1st Day

17:30-18:20

COSO model and internal control system
The organization and the entity do not exist without supervision, so the supervision department is somehow organized internally.
Practice of evaluating internal control system
There are several designs that value internal control, but the most commonly used model is COSO.

18:20-18:30

Tea time

18:30-20:00

Evaluate internal control of your organization
Conduct consistent support term for internal controls and a set of measures to evaluate performance and performance of approved management.
Write recommendations to improve your internal controls
Supervising advanced management, such as governance, internal auditing, risk management, strategic planning, and increasing knowledge and skills, will enhance leadership, planning, management and supervision skills at higher levels.

2nd Day

17:30-18:20

COCO model and internal control system
The COCO model was developed by the Canadian Institute of Certified Accountants Institute and it was more suitable for internal auditing purposes.
Practice of evaluating internal control systems
Identify the internal and external risks that will affect the entity’s achievement.

18:20-18:30

Tea Time

18:30-20:00

Evaluate internal control of your organization
The authority, roles and responsibilities must be clearly defined and the objectives of the governing body of the organization and the objectives of the activities being undertaken.
Write recommendations to improve your internal controls
Describe the gaps and details of the problem solving and develop appropriate and balanced roles and responsibilities.

3rd Day

17:30-18:20

Self-assessment control
Internal control improves the organization’s ability to prevent any risks and shortcomings caused by internal factors.
Practice evaluating internal control systems through self-assessment
Controls can be in the form of prevention (identifying and possibly unwanted events), discovering (identifying and correcting events), or direction (identifying and supporting the causes of events that are trying to reach).

18:20-18:30

Tea Time

18:30-20:00

Evaluate internal control of your organization by self-assessment
Determine the risks that each individual might expect in each unit and determine how to overcome them in the least harmful way.
Write recommendations to improve your internal controls
The internal control system covers all stages and framework activities, including the day-to-day operations of the financial statements and the implementation of the operational plan.
Questions, comments, and conclusions
Certification

Duration

The working 3 day is from 17:30 to 20:00

location

Naiman Sharga Center, Bizcon Audit 4th floor, Room 402
Telephone: +976-95959107

Tuition includes

Workbooks, Certificate.

Organization

IIA Mongolia NGO
Khaan Bank: 5020183197
Business registry: 8043019

Telephone

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