Strength and weakness are internal factors and control is the only mechanism to find out about it!


Assumptions about current management practices

  • Management is uncertain and insecure regarding the risks of asset loss in their
  • Management does not currently have any methods in place for effective business asset control.

Assumptions about participants’ knowledge and skills

This training course is designed for business owners and managers who do not have a background or training in finance and accounting. They generally share the following points-of-view with regard to business asset control:

  • It is difficult to create and implement the necessary regulations and procedures to control various kinds of business Controlling assets relies primarily on trusting those who manage them. (Although this is an important factor, it is not unique to the controlling system.)
  • Little attention is paid to the evaluation and definition of risks when setting up asset controlling

 

General Notes:

  • As an open course, this program is offered in specific destinations. However, as an in-house training it can be offered at any part of the globe.
  • This Program can be integrated with any other program in the same category and for a 10 days course, client will get benefit of two days discount paying only for eight days.
  • Accord Worldwide can offer this training in other languages than English, please contact us for your needs.

 

Discounted Offers for This Course:
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At the end of this course, participants will be able to:

  • Identify the various kinds of business assets,
  • Describe the structure and elements of an internal control system,
  • Develop asset control activities,
  • Explain how to implement asset control activities

 

What Participants Receive?

  • A DVD with all the training material and extra-curricular learning material
  • Workshop handouts
  • 12 months FREE advice and support for any relevant questions and queries
  • Free membership to get free learning material

This course is designed for managers and staff of SMEs including:

  • Business owners, directors, shareholders, etc.
  • The board of directors and board of supervisors,
  • Anyone working newly in finance
  • Others who manage or control business

Training fee includes the course certificate, training materials, lunch and refreshments one social program at the end of the training and tuition fee.

Not included in the fee are: Visa Costs, Airfare cost, Accommodation, Travel Insurance, Dinner and any personal expense of the participant.

Please note that for groups, different destinations and in-house training we offer significant discount and we encourage you to contact us for a quotation.

 

Course Curriculum

Pre Test 02:00:00
Day One
• What internal control is 00:00:00
• The elements of an internal control system 00:00:00
Day Two
• Types of Accounts 00:00:00
• Cash and bank accounts 00:00:00
• Accounts receivable 00:00:00
• Equity and Liability 00:00:00
Day Three
• Inventory 00:00:00
• Fixed assets 00:00:00
• Financial Reports 00:00:00
• Notes for managers 00:00:00
Day Four
Cost centers 00:00:00
Cost codes 00:00:00
Costs and expenses 00:00:00
Price and Cost Differences 00:00:00
Day Five
Auditing Practice 00:00:00
Difference between Auditing and Other Types of Control 00:00:00
Reporting Ethics 00:00:00
Global Good practices 00:00:00
Post Test 02:00:00

Course Reviews

4

4
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  1. Very Informative

    4

    The course was informative, particularly on the part of internal controls that are somewhat at the core of my work as an Internal Audit. I was able to enhance my understanding in the field of internal controls, which will indeed help me in day-to-day work.

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  • Upcoming Confirmed Course
  • 5 Days
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