Who Can Benefit

• Controllers.
• Finance managers.
• Executives and staff of internal control department

Course Objectives

• Define Internal auditing and internal control
• Determine the Elements of manual and computerized Internal control system
• Evaluate internal control system with a great   Concentration on cash        
• Develop internal control system for cash and related accounts Payments, collections, credit and receivable, Accounts payable and disbursements, investing or borrowing.
•  Manage financial risk

Course Outline

•  Internal control

• Definition
• Types
• Procedures
• Methods of Evaluation

•  Internal auditing

• Definition
• Scope
• Standards
• Professional Ethics
• Evaluation of internal control system

•    Special Audit Techniques:

•  Evidential matters
• Sampling
•  EDP audit
• Financial analysis and auditing
• Auditing Procedures
• Physical inventory methods
• Documentary audit        

•    Cash Auditing and Control:

• Payments System
• Credit and Accounts Receivable
• Collections
•  Cash Concentration

•   Accounts Payable and Disbursements
•  Investing 
• Borrowing
•  Financial Risk Management