Course Certified By:

Introduction

Welcome to the "Internal Control Framework for Payable Cycle for Finance and Accounting" course.
This comprehensive program is designed to equip finance and accounting professionals with the knowledge and skills necessary to establish robust internal controls within the payable cycle.
By understanding and implementing effective internal controls, organizations can mitigate risks, prevent fraud, and ensure accuracy and efficiency in their payable processes.
This course will provide participants with a comprehensive understanding of internal controls specific to the payable cycle and empower them to enhance control effectiveness within their organizations.

Objectives

1. Understand the importance of internal controls in the payable cycle.
2. Identify key risks and vulnerabilities within the payable cycle.
3. Learn best practices for designing and implementing internal control frameworks.
4. Develop strategies for monitoring and evaluating the effectiveness of internal controls.
5. Gain insights into fraud detection and prevention techniques specific to the payable cycle.
6. Enhance overall compliance and governance within the finance and accounting function.

Who Should Attend?

This course is ideal for finance and accounting professionals involved in the payable cycle, including but not limited to:
• Accounts Payable Managers
• Finance Managers
• Controllers
• Internal Auditors
• Compliance Officers
• Risk Managers

Training Method

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Each participant receives a 7” Tablet containing a copy of the presentation, slides and handouts
• Post-assessment

Program Support

This program is supported by:
* Interactive discussions
* Role-play
* Case studies and highlight the techniques available to the participants.

Course Agenda

The course agenda will be as follows:
• Technical Session 08.30-10.00 am
• Coffee Break 10.00-10.15 am
• Technical Session 10.15-12.15 noon
• Coffee Break 12.15-12.45 pm
• Technical Session 12.45-02.30 pm
• Course Ends 02.30 pm