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Internal Control and Audit


Accord Worldwide

Summary

Price
£2,336 inc VAT
Or £194.67/mo. for 12 months...
Study method
Classroom
Duration
5 days · Part-time or full-time
Qualification
No formal qualification

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Location & dates

Location
Address
SE1 1GA
United Kingdom

Overview

Assumptions about current management practices

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

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

Description

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

Who is this course for?

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

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.