Event Date

INDIA - 12/10/2017

Event Description

Masterclass On Internal Financial Control - New Delhi

With advent of new Companies Act, 2013 guidelines, now there are new reporting requirements on the statutory auditors of companies which is to ‘Reporting on Internal Financial Controls’ which requires the auditor to state in his report whether the company has sufficient internal financial controls system in place and the operating effectiveness of such controls. IFC implementation is the prime responsibility of the Management.

It is our pleasure to inform that Achromic Point is organizing a Full day “Masterclass on Internal Financial Control” in the city of New Delhi on 12th October, 2017.

 

Topics Being Covered: 

Session 1:
What is Internal Financial Control (IFC)

·         IFC under Companies Act, 2013

·         IFC – Common Myth

·         SOX/IFC Global Scenario

Session 2:
Role of Board’s towards IFC

·         Criteria’s to be considered for developing, establishing and reporting on ICOFR

·         Understanding the process flaws, information systems changes, additional time required

·         Management's testing by others

·         Prominence of entity level control

Session 3:
Auditor’s Role Towards IFC

·         Integrated Reporting

·         Integration with Internal Audit

·         Key Process and Control Assessment

·         Responsibility in case of unlisted Companies

·          Combining and planning the audits

·         Understanding the risk of fraud

·         Communication considerations

Session 4:
Key Differences between IFC and Enterprise Risk Management

Session 5:
IFC – Approach, Planning and Methodology

 

Speakers

  • Ajay Minocha - Partner, Deloitte
  • Sidheshwar Bhalla - Director, Deloitte

Date

12/10/2017

Time

9:00 am - 5:00 pm

Venue

Hotel Eros, New Delhi

Brochure

Download Link : IFC Brochure_V1.pdf

Registration Fees

INR 8,000.00

Event Calender

October 2017 November 2017 December 2017
January 2018 February 2018