Achromic Point

Description

Achromic Point seeks your participation for upcoming seminar with IIA India (based on IIA Global Content) on “Leveraging COSO Internal Controls Framework to Design and Implement IFC” in the city of Mumbai on 25^th November, 2016.

The COSO Internal Control–Integrated Framework is the original framework that has gained broad acceptance and is widely used around the world. In the 20 years since its inception, business and operating environments have changed drastically (i.e., more technologically driven, more global, more complex), which has driven the need for an updated Framework.

This course examines how a principles-based approach can be used to design, implement, maintain, and evaluate a system of internal controls.

COSO framework is relevant to both CFO, Chief Accounts officer and finance and accounting professionals as they need to adopt the framework and implement and test the same. Post which internal auditors can use the same framework in testing the controls and giving an assurance to management, board, regulators and stakeholders at large on design effectiveness and operating effectiveness of controls.

In this one day seminar, You will have an opportunity to discuss the implications that the updated Framework presents to the Internal Audit Profession and to individual Internal Audit activities. You will also identify opportunities for using the updated Framework in your Internal Audit process and increase the value of your assurance and consulting services.

Topics being covered:-

Session 1:

• COSO INTERNAL CONTROL–INTEGRATED FRAMEWORK (IC-IF) – OVERVIEW

Session 2:

• RISK ASSESSMENT & CONTROL ENVIRONMENT

Session 3:

• CONTROL ACTIVITIES

Session 4:

• INFORMATION & COMMUNICATIONS

Session 5:

• MONITORING ACTIVITIES

Session 6:

• USING THE COSO INTERNAL CONTROL INTEGRATED FRAMEWORK

Speakers

• Mr. Giridhar Janardana                                                                                                                                              Past President, IIA Madras Chapter                                                                                                                    Partner, BlueRidge Consulting Services                                                                                                             Anchor – COSO Training
• Mr. Manoj Agarwal                                                                                                                                                            Head of Internal Audit, Metro Shoes Limited
• Mr. Prasad Kulkarni                                                                                                                                                         Partner, B. K. Khare & Co.