Event details

Providing Assurance over Systems of Internal Control

 

Business is risky.  Systems of Internal Control are there to deal with the risks, but they have many variables. This one day course covers the following points, leaving participants with a solid understanding of the how, when, what and why surrounding the systems of internal control.

This course covers the following:

Risk and Internal Control
• Why do we have controls?
• What are risks?
• What is the difference between a control and a system of internal control?

Relevant Frameworks
• COSO: Internal Control, Integrated Framework
• COSO: ERM, Integrating with Strategy and Performance
• AS ISO 31000-2018 Risk management-guidelines

Assurance
• What is assurance?
• Who provides assurance?
• Coordinating and combining assurance
            o Assurance maps
            o IA reliance on other assurance providers

Assessing Control Adequacy
• What does “adequate” mean?
• Risk appetite
• Measuring control adequacy
          o Simple assessment framework
          o Use of COSO Internal Control Framework

Testing
• To test or not to test?
• What to test

Drawing a conclusion
• Concluding on an individual engagement
• Overall opinions

Register now

Date
Monday, 28 October 2019 - 9:00 AM to 5:00 PM
Location
Melbourne
Venue

MELBOURNE, VIC 3000

Australia

Status
Available

Members
$700.00
Non-Members
$880.00


Duration and CPE
1 Day, 7.00 hours
Enquiries
For more information please contact Nicola Price
Phone:
+61 2 9267 9155