Why to study：
It does not matter whether or not your corporation is listed in The states, it is quite necessary for all financial management staff to study the working criteria defined in the COSO、SOX404 、ERM &No.5 auditing Standards for those which are listed in the states , it is really a great challenge to implement all criteria and law economically and effectively, the great number of risk assessment and key control analysis experts are wanted by the business enterprise, so that your corporation could go on steadily and in compliance with the designed and operation criteria.
Benefit：
To master latest IC practice from MNC To learn the fundamental practical control criteria
To understand the risk assessment skill To master the key control point in process mapping
Eleven factors Affecting Financial statements
The difference between significant and material deficiency
statement quality
How to implement the IC by executive force
Who should attend:
CEO, CFO, General manager, VP, Directors from all department, Financial manager, accounting manager, Internal auditing manager, area controller etc.
Training Focus
◆ To learn risk prevent skill from practical experts
◆To learn international corporation internal auditing skill in China
◆Various Cases Study from Famous Enterprise from home and abroad
◆Share experiences from other company experts
◆The seminar could integrate the theory,tool and real life work into one case in the limited times
Senior trainer
He has engaged the financial work for twenty-two years old, and has been a trainer for more than ten years, and had five years internal control experience at SGM and Delphi of the states. He has provided consulting work for three New York listed Corporation.
Outline：
Content
Model One: The reasons required for Internal Control
Model Two: Content and Samples Of COSO
Model Three: SOX Background and Content
Model Four: ERM Definition and Content
Model Five: BPR Design Skills Practices
Model Six: Key Skills Exercises Required in Internal Control
Model Seven: Ways to carry the internal Auditings
Model Eight: Key Control Points for the Manufacturing Enterprises
Model Nine: Last Resorts for internal Control – Recon
Model One: Reasons required for Internal control
Corporate Goverance model analysis
Informational unsythentical
Personal Fraud meantality analysis
Corporate management Ethical Crisis Analysis
Model Two: Content and Samples Of COSO
COSO Background and Content
COSO Practice and Testing Cases
Model Three: SOX Background and Content
◆ SOX Latest Development
SOX contents
SOX Implementation
Model Four: ERM Definition and Content
COSO and ERM
ERM Eight Factors
Exercise and Cases
ERM Implementation
Event Identification
Ø Event identifying Technician
Cases Study
IC Core Parts – Risks Assessment
ERM generally accepted tooling
ØRisk Definition and sorts
Ø Risk possibility and its impacts
Ø Risk Analysis Exercise for a Position
Two Tigers Risk Assessment
Ø Corporate Level Assessment
Ø Operating Level Assessment
Ø How to identify the hot Risks Points
Ø Exercises For hot risks exercise
Ø Information and Communication
Ø The ways for information and Communication
Model Five: BPR Design Skills Practices
Key Requirement in the Mapping Process
How to mapping the process
ü How detailed a mapping is required
ü Design effectiveness
ü Operating effectiveness
ü Electric spreadsheet control
ü Manual and Auto Control Comparison
ü Cobit Brief Introduction
Cases in the Process Mapping
Exercises for process mapping
Comments on the Exercises
Model Six: Key Skills Exercises Required in Internal Control
How to identify significant accounts and process
How to identify key controls and Deficienfy rate
Matrics Development Internal Control
How to decide the sample size
Interview Skills
Walk Through Exercise
Documentation Rentation
Model Seven: Ways to carry the internal Auditing
How to identify the auditing Objectives
How to identify the auditing Scope
How to develop auditing plan
Ways to foster friendly auditing environment
Practical Skills for Auditing
-----Watch, Listen, Ask and Check
Auditing Case Study
How to develop the interview Schedule
Interview skill practices
How to design the SA question-air
Model Eight: Key Auditing and Control Points for the Manufacturing Enterprises
Entity Level
Human Rescoring
Information System
Operating Level
Bank Accounts
Marketing a0nd Sales
Purchase Production
Production
Inventory
Costs and Allocation
Logistics
Strategy
Budget
Crisis
Model Nine: Last Resorts for internal Control – Recon
Definition of Reconciliation
Criteria for Reconciliation
Skills for Reconciliation
Reconciliation Cases Study
Hint Signal for Reconciliation
He will mainly deliver the lecture based on the following routine:
COSO,SOX404, ERM and BPR etc and have them highly integrated!
