Effective Internal Control: The Right Way to Manage ... - CCH Malaysia

Effective Internal Control:The Right Way to Manage RisksHRDF-SBLCLAIMABLE24 - 25 June 2009 • 9.00am - 5.00pm • JW Marriott Hotel, Kuala LumpurAn effective control system is critical tomitigating a business’ risk. If you’re likemost business leaders, you strive toprotect, control, and maintain yourfinancial structure while increasing yourlevels of accountability. The cost ofdeveloping, enhancing, and maintainingeffective internal control can be anoverwhelming responsibility. That is whyCCH Executive Events has developed thisall-new comprehensive workshop onEffective Internal Control to help youlearn to do it better and faster! At thisworkshop, Auditors and Internal ControlOfficers will gain an understanding ofinternal controls and learn how toidentify needed controls based onbusiness objectives and risks.This powerful two-day workshop breaksdown the process of creating andimplementing internal controls into aneasy-to-follow, easy-to-apply systemthat any organisation can apply tomanage their risks. You will learn how tocreate a rock-solid internal controlstructure, quickly assess and measurerisks, and easily manage and monitorcontrol activities.Benefits of AttendingEvaluate and discuss the impact ofbusiness risk on the conduct of an auditUnderstand the concept of risk-basedapproach to auditingIdentify the components of internalcontrol – ISA 315 Understanding theentity and its environment and assessingthe risks of material misstatementAscertain how different aspects of anentity’s internal control system mayaffect the auditDistinguish between control objectives,control procedures and tests of controlsBe able to consider the risks of materialmisstatements in the financialstatements due to fraud – ISA 240 TheAuditor’s responsibility to consider fraudin an audit of financial statementsProgramme OutlineWho Should AttendWhether you are a Finance Manager orCEO, the information you acquire in thisprogramme will make all the difference inthe strength and success of yourorganisation. Finance / Accounting Directors orManagers Internal Control / Compliance Officers CEOs / CFOs Business Owners New Auditors Anyone in the organisation wanting toacquire “real world" knowledge ofcontrol or improve their ability to designand analyse control systems Concept of business risk Assess the kind of business risks which clients are subject to Relating business risk to audit risk Identifying internal controls of various operational cycles The five components of internal control namely the control environment, the entity’s riskassessment process, the information system, control activities and monitoring of controls Specific control procedures Limitations on the effectiveness of internal controls The Auditors’ and Directors’ attitudes and responsibilities with regard to fraud, errors,irregularities and misstatementsWorkshop LeaderCS Yung has over 32 years of workingexperience in auditing, financial accounting,treasury functions, administration, generalmanagement, lecturing and corporatetraining. He is currently an associateconsultant and he also lectures on thesubject of auditing for ACCA students forseveral established and renowned collegeson a part-time basis. Mr Yung also sits on theboard of a public listed company (Mesdaq)as independent non-executive director.CCH Reference MaterialMalaysian GAAP online resource is theauthoritative and practical referenceresource to keep you abreast with theapplication and development of FRSs inMalaysia. With comprehensivecommentary and practical illustrations, italso contains user friendly disclosureschecklist, specimen financial statementsand IC interpretations that featureMASB’s guidance on conflicting viewsrelating to issues not specificallyaddressed in the accounting standards.And it is delivered right to your desktop!For more information,email mktg@cch.com.my

Registration FormWORKSHOP DETAILSEffective Internal Control:The Right Way to Manage RisksDate : 24 - 25 June 2009Time : 9.00am – 5.00pmVenue : JW Marriott Hotel, Kuala LumpurFEE**Early Bird by 28 May 2009CCH Subscriber/CCH Executive Events Corporate MemberNon-SubscriberRegular FeeCCH Subscriber/CCH Executive Events Corporate MemberNon-SubscriberIn-house corporate training programme is also available!For more details, please email events@cch.com.myREGISTRATION INFORMATIONRM1,600RM1,800RM1,800RM2,000Fee includes workshop materials, certificate of attendance,**lunch and refreshmentsREGISTRATION DETAILSPlease register me for the workshop 24 - 25 June 2009, Kuala Lumpur (1509MAE)I enclose a cheque made payable to “Commerce Clearing House(M) Sdn Bhd”Please debit myVisa Master Card Expiry DateCard NumberCard Holder’s NameCard Holder’s SignatureCompanyDelegate 1 (Mr/Ms)Job TitleEmailFax your reply to 03 2026 7003 (Sarah)PAYMENT OPTIONSDELEGATE’S DETAILSSarahEmailFaxWebsiteAddress016.255.7013 / 603.2052.4608sarah@cch.com.my603.2026.7003www.cch.com.myCOMMERCE CLEARING HOUSE (M) SDN BHDSuite 9.3, 9th Floor, Menara Weld,No. 76, Jalan Raja Chulan,50200 Kuala Lumpur, Malaysia.Registration and PaymentReservations may be made by telephone/telefax/email but will only be confirmed uponreceipt of the relevant registration form(s) and payment.Payment By Cheque: All cheques should be crossed, marked A/C payee only and madepayable to "Commerce Clearing House (M) Sdn Bhd" with the title of theprogramme(s) indicated clearly on the back of the cheques.Cancellation and Substitution PolicyA substitute delegate is welcome at any time at no extra charge if the registeredparticipant is unable to attend. Full payment will be charged if cancellation is madeafter 17 June 2009. This also applies to no show on the day of event. All notices ofcancellation or replacements must be made in writing and acknowledged by CCH viaemail or fax.Programme ChangesCCH reserves the right to amend or cancel the event due to unforeseen circumstances.HRDF ClaimsThis workshop is HRDF-SBL claimable, subject to the approval of HRDF.Important NoticePursuant to the provisions of the DIRECT SALES ACT 1993, the registration form hereinshall only be used by body corporate. Since Commerce Clearing House (M) Sdn Bhd isunable to accept any individuals who are not body corporate, individual applicants whowish to attend are requested to register themselves at Suite 9.3, 9th Floor, MenaraWeld, 76 Jalan Raja Chulan, 50200 Kuala Lumpur, Malaysia or call us for registrationprocedure.SPONSORSHIP OPPORTUNITIESCCH EXECUTIVE EVENTS CORPORATE MEMBERSHIPTHE ORGANISERDelegate 2 (Mr/Ms)Job TitleEmailAddressTelContact PersonEmailENROLMENT STATUSCCH Executive Events Corporate MemberCCH SubscriberNon-SubscriberPostal CodeFaxCompany size 1-19 20-49 50-99 100-299300-499 more than 500IndustryAuthorised Signature & Company StampCCH Asia has designed an attractive range of advertising & sponsorship packages to match your marketing objectives. The packages available offer advertisers andsponsors extensive visibility and ensure direct access to your target market. It is also an excellent platform to promote your organisation to influential players and keydecision-makers in the industry. Please call 03-2052 4603 for more details.Our Corporate Membership is aimed to offer your organisation a flexible and cost effective investment in training and development. As a corporate member, all youremployees are entitled to our membership privileges. To become a member, please call us for more information.CCH Executive Events is the seminar and conference arm that offers timely business critical information, insights and analysis conducted by industry practitionersand academics to provide participants a well-balanced blend of theoretical fundamentals and practical applications. We are backed by over 100 years ofmulti-national publisher background in a wide array of professional topics especially Taxation, Accounting, Auditing, Corporate Law, Company Secretarial Practice,Business Law, and Employment Law & Human Resources.