This document provides information about a 2-day internal audit masterclass training program on implementing and evaluating the SEATA framework for internal auditing. The training will be held in Singapore in January, May, September and December 2009 and cover topics such as assembling an effective internal audit function, governance issues, impacting shareholder value, and benchmarking internal audit practices against global standards. Participants will learn how to organize an internal audit department, identify audit activities and risks, interface with external parties, and apply best practices. The training is led by an experienced internal audit expert and certified fraud examiner. The document provides registration details such as fees, discounts for groups, and methods of registration and payment.
This document provides information about a 2-day internal audit masterclass training program on implementing the SEATA framework. The summary is:
1) The training will take place over 2 days in Kuala Lumpur, Malaysia on January 26-27, May 4-5, September 2-3, and November 26-27, 2009.
2) Attendees will learn how to effectively organize an internal audit function and implement practices aligned with global standards to ensure effectiveness.
3) Key topics include evaluating internal controls, conducting audits, developing audit reports, and maintaining strong corporate governance practices.
This document contains summaries of 25 presentations on lean manufacturing topics from a company called Superfactory. The summaries cover lean concepts and tools such as 5S, kaizen, value streams, mistake proofing, quick changeover, Six Sigma, theory of constraints, and more. Each summary is 1-2 paragraphs long and outlines the main sections or steps covered in the corresponding presentation.
VISTX provides SAS 70 audits, readiness assessments, and testing of controls to complete SAS 70 Type I and Type II audits. They have developed a structured audit process that emphasizes efficiency, client commitment, and timely delivery of audit reports. Their certified accountants and consultants use standards like COBIT, ITIL, ISO, and AICPA to benchmark operations, conduct audit planning to examine critical processes and controls, and provide audit success.
This document outlines a five-step methodology for business process improvement: 1) Define the improvement opportunity by clarifying expectations and process boundaries. 2) Collect available data through stakeholder interviews and process documentation. 3) Analyze the process to identify waste areas and root causes. 4) Develop solutions by generating alternatives and setting aggressive goals. 5) Implement improvements with a plan-do-check-adjust approach. The goal is to eliminate waste from processes through a disciplined, team-based approach and continuous improvement efforts.
This document contains a summary of a McKinsey case study on improving service operations at a large academic health care system. McKinsey launched a 3-month effort focused on the end-to-end care process. This resulted in an immediate reduction in delayed and cancelled cases. McKinsey also evaluated scheduling processes and capacity utilization, liberating 23% additional capacity. Overall the work eliminated delays, reduced length of stay, and improved clinical outcomes and satisfaction while establishing a foundation for strategic growth.
The Structural Approach to
Investigating Financial Statement
Fraud is the specialty practice
area of examiners that describes
engagements that result from
actual or anticipated disputes or
litigation. In litigation, 'Forensic'
means suitable for use in Court,
and it is to that standard and
potential outcome that fraud
examiners generally have to work.
Certified System Investigators
(CSI), Fraud Examiners (CFE) and
Forensic accountants (CPA) often
have to give expert evidence at the
eventual trial. All of the larger
accounting firms, as well as many
medium-sized and boutique firms,
have specialist forensic
accounting departments. Within
these groups, there may be further
sub-specializations: some forensic
accountants may, for example, just
specialize in insurance claims,
personal injury claims, fraud,
construction, or royalty audits.
This is where the distinction lies:
While Accounting firms do only
“Forensic Accounting” CSIs and
CFEs perform Investigations in
Financial Statement Fraud. This is
not the same thing — one is post
event, the other one is
pre-emptive.
Engagements relating to criminal
matters typically arise in the
aftermath of fraud. They frequently
involve the assessment of
accounting systems and accounts
presentation - in essence
assessing if the numbers reflect
reality. The CSI and CFE
determines whether there has
been any audit failure on the part
of the Accounting firm. This
seminar will train participants to
change from a justification mindset
to a pre-emptive mindset. It will
help them develop the capability to
render a service that can answer
the following questions, “What
have gone wrong? Could it have
been prevented in the first place?
Who is responsible for the mess?
The general idea is essentially to
prevent financial statement frauds
and when it does occur, how to
contain the damage and recognize
who is responsible for what in the
whole scheme of things.
How will this EFRM course benefit you?
After completion you will be able to:
• identify risks which could result in fraud
• provide recommendations to executive / senior management in managing fraud risk
• identify warning signs of fraud in operational audits
• develop Fraud ICQ to look at fraud issues
This document provides information about a 2-day internal audit masterclass training program on implementing the SEATA framework. The summary is:
1) The training will take place over 2 days in Kuala Lumpur, Malaysia on January 26-27, May 4-5, September 2-3, and November 26-27, 2009.
2) Attendees will learn how to effectively organize an internal audit function and implement practices aligned with global standards to ensure effectiveness.
3) Key topics include evaluating internal controls, conducting audits, developing audit reports, and maintaining strong corporate governance practices.
This document contains summaries of 25 presentations on lean manufacturing topics from a company called Superfactory. The summaries cover lean concepts and tools such as 5S, kaizen, value streams, mistake proofing, quick changeover, Six Sigma, theory of constraints, and more. Each summary is 1-2 paragraphs long and outlines the main sections or steps covered in the corresponding presentation.
VISTX provides SAS 70 audits, readiness assessments, and testing of controls to complete SAS 70 Type I and Type II audits. They have developed a structured audit process that emphasizes efficiency, client commitment, and timely delivery of audit reports. Their certified accountants and consultants use standards like COBIT, ITIL, ISO, and AICPA to benchmark operations, conduct audit planning to examine critical processes and controls, and provide audit success.
This document outlines a five-step methodology for business process improvement: 1) Define the improvement opportunity by clarifying expectations and process boundaries. 2) Collect available data through stakeholder interviews and process documentation. 3) Analyze the process to identify waste areas and root causes. 4) Develop solutions by generating alternatives and setting aggressive goals. 5) Implement improvements with a plan-do-check-adjust approach. The goal is to eliminate waste from processes through a disciplined, team-based approach and continuous improvement efforts.
This document contains a summary of a McKinsey case study on improving service operations at a large academic health care system. McKinsey launched a 3-month effort focused on the end-to-end care process. This resulted in an immediate reduction in delayed and cancelled cases. McKinsey also evaluated scheduling processes and capacity utilization, liberating 23% additional capacity. Overall the work eliminated delays, reduced length of stay, and improved clinical outcomes and satisfaction while establishing a foundation for strategic growth.
The Structural Approach to
Investigating Financial Statement
Fraud is the specialty practice
area of examiners that describes
engagements that result from
actual or anticipated disputes or
litigation. In litigation, 'Forensic'
means suitable for use in Court,
and it is to that standard and
potential outcome that fraud
examiners generally have to work.
Certified System Investigators
(CSI), Fraud Examiners (CFE) and
Forensic accountants (CPA) often
have to give expert evidence at the
eventual trial. All of the larger
accounting firms, as well as many
medium-sized and boutique firms,
have specialist forensic
accounting departments. Within
these groups, there may be further
sub-specializations: some forensic
accountants may, for example, just
specialize in insurance claims,
personal injury claims, fraud,
construction, or royalty audits.
This is where the distinction lies:
While Accounting firms do only
“Forensic Accounting” CSIs and
CFEs perform Investigations in
Financial Statement Fraud. This is
not the same thing — one is post
event, the other one is
pre-emptive.
Engagements relating to criminal
matters typically arise in the
aftermath of fraud. They frequently
involve the assessment of
accounting systems and accounts
presentation - in essence
assessing if the numbers reflect
reality. The CSI and CFE
determines whether there has
been any audit failure on the part
of the Accounting firm. This
seminar will train participants to
change from a justification mindset
to a pre-emptive mindset. It will
help them develop the capability to
render a service that can answer
the following questions, “What
have gone wrong? Could it have
been prevented in the first place?
Who is responsible for the mess?
The general idea is essentially to
prevent financial statement frauds
and when it does occur, how to
contain the damage and recognize
who is responsible for what in the
whole scheme of things.
How will this EFRM course benefit you?
After completion you will be able to:
• identify risks which could result in fraud
• provide recommendations to executive / senior management in managing fraud risk
• identify warning signs of fraud in operational audits
• develop Fraud ICQ to look at fraud issues
TOMMY SEAH speaks on his perspective of FRAUD in CHINATommy Seah
1) The article discusses fraud that is occurring increasingly in China, especially as foreign companies establish supply chains and operations there. It provides three case studies of fraud that was uncovered.
2) The first case involved a country manager for a European machinery company who was embezzling money through shell companies and taking kickbacks from dealers. It took a detailed private investigation to uncover the full extent of his schemes.
3) The other two cases also involved employees who were diverting business for personal gain to companies they had ownership stakes in, as well as cronyism and embezzlement within a joint venture.
Financial Statement Fraud training by Tommy SEAHTommy Seah
This document advertises and provides details about a 2-day workshop on detecting and preventing financial statement fraud hosted by ProEdge Global.
The workshop aims to provide an overview of different types of financial fraud, with a focus on financial statement fraud. Attendees will learn practical techniques to combat financial statement fraud from an expert in the field.
The workshop is intended for corporate leaders, financial professionals, accountants, and auditors who want to improve their ability to detect, respond to, and prevent financial statement fraud.
ProEdge Global Sdn. Bhd.
Suite: 33-01, 33rd Floor,
Menara Keck Seng,
203 Jalan Bukit Bintang,
55100 Kuala Lumpur, Malaysia.
Tel : +603-2116 5671
HP : +6016-338 9783
kenneth@proedgeglobal.com
The document provides information about CFE-In-Practice, a company that offers fraud examination and consulting services. It discusses CFE-In-Practice's mission and philosophy, which is to provide efficient and insightful financial training, consulting, and fraud prevention services using experienced professionals. The document also provides an overview of the services offered, including corporate fraud investigation, management consulting, training and professional coaching. It includes a profile of Tommy Seah, a Certified Fraud Examiner and leader at CFE-In-Practice.
The document discusses the goals and tools of financial management. The major goals of financial management for any organization are profitability and liquidity. An organization needs various tools to manage its funds and achieve these goals, including project management, financial markets, risk and return analysis, and financial accounting. Financial management involves making decisions around managing debts, cash, creditors, and stock to achieve an organization's profitability and liquidity goals. It also discusses the risks organizations face, such as operational, credit, market, liquidity, and reputational risk.
This document provides information about the CSI World Headquarters 2009 Annual Investigation, Fraud, Systemic Risk Management Conference taking place on May 26-27, 2009 in Kuala Lumpur, Malaysia. The conference objectives are to provide tools and techniques to assist professionals in understanding systemic risk challenges and to feature four unique tracks catering to different experience levels. The detailed two-day agenda outlines sessions on topics such as managing reputational risk, fraud risk assessment, investigative profiling, forensic techniques, IT security, and digital forensics. Masterclasses on financial analysis and other subjects will also be offered after the conference.
Encouraging a whistle-blowing culture
as a way of upholding the highest
ethical behaviour
n set up the framework for protective
channels of reporting
n Overcoming hindering cultural issues of
whistle-blowing
sTAnLEy CHIA, manaGinG Director
CFe INTeRNaTIONaL CONSULTaNCY GROUP
(MEMBER Of THE CfE-In-PRACTICE GROuP Of COMPAnIEs)
Dear Delegates,
Corporate fraud costs businesses hundreds of millions of dollars each year. It affects livelihoods and is a common
cause of corporate failure. It is the responsibility of the board of directors to prevent fraud by putting in places the
appropriate controls and review procedures. This program shows you why Accounting Information System (AIS)
Threats are ever increasing. Control risks have also increased in the last few years because there are computers
and servers everywhere, and information is available to an unprecedented number of workers. Distributed
computer networks make data available to many users, and these networks are harder to control than centralized
mainframe systems. With the introduction of 3 levels of COSO and value driven ERM, things should be under
control. Recent events at SATYAM proves that in reality things are getting out of control. So, what went wrong ?
Is it time to train the auditors ?
Recognising the challenges that organisations are facing in combating Fraud, CSI In Practice is pleased to present
this 2-days Workshop on Enterprise Fraud Risk Management. This will serve as an excellent opportunity to learn how
best to conduct an internal investigation to protect your organization and step up on controls to deter fraud.
The document discusses developing a fraud risk management program for an organization. It states that fraud risk management can be handled internally or outsourced, and is affected by factors like company size and culture. Any fraud prevention model should aim to prevent, deter, disrupt, identify and prosecute fraud. The document then lists steps to develop an effective fraud risk management program, such as having fraud prevention as part of the overall risk strategy, establishing policies and controls, training employees, and having whistleblower and reporting systems.
This document provides information about a multi-day training workshop on credit risk management. The workshop will be held quarterly in 2009 at a hotel in Kuala Lumpur, Malaysia. It will be led by Tommy Seah, a certified fraud examiner and expert in financial management. The workshop aims to help participants better analyze financial statements and credit risks. It will cover topics like sound financial management, cash flow analysis, and loan monitoring techniques. The intended audience includes professionals in banking, auditing, credit, and finance. The document provides registration details, instructor background, and contact information to sign up.
This document provides an overview of a case study for transforming an organization's HR operations to world-class standards. It discusses the goals of transitioning HR service delivery to be more effective and efficient through improved self-service, data management, organizational effectiveness, human capital management and policy administration. It also aims to define the appropriate technology mix to support this transformation given the company's continued growth and increasingly global presence. The document outlines the company's organizational profile, goals, approach, change management process and considerations for HR technology.
The document summarizes the key stages and focus areas of a business transformation process for a telecom company. The process involves conducting a business audit to identify improvement areas, developing focus processes to diagnose issues like organizational culture and management systems, rolling out solutions across the organization, and institutionalizing the changes. The business audit would analyze performance, strategy, culture, processes, operations, marketing, sales and customer satisfaction. Implementation requires forming cross-functional teams and a steering committee to guide the transformation work at all levels of the organization. The goal is to achieve sustainable strategic and cultural changes that improve business results.
This presentation provides you with a practical approach for implementing Enterprise Content Management (ECM) using the open methodology MIKE2. The slides are from the AIIM ECM Specialist and Master Certificate Programs. For more information visit www.aiim.org/training
An unofficial and unauthorized overview of the SCOR Model from the first CTO of the Supply Chain Council. Why and how the SCOR model was constructed for supply chain management and how it was applied.
For current and official documentation please visit - www.supply-chain.org
The document provides an overview of Version 2.0 of the Business Analysis Body of Knowledge (BABOK) guide published by the International Institute of Business Analysis (IIBA). It summarizes the major changes in Version 2.0 including consolidating tasks and applying the guide to a wider range of methods. It also describes the structure and purpose of the main knowledge areas in the BABOK such as business analysis planning and monitoring, elicitation, requirements management and communication, and underlying competencies.
UHY Advisors provides quality and process improvement consulting services to help clients implement business and quality management systems. Their services include quality management system implementation, environmental management system implementation, process improvement workshops, and special engagements focused on areas like manufacturing optimization, root cause analysis, and lean manufacturing. UHY Advisors has helped over 220 clients achieve their process improvement goals.
The document discusses eight principles of ISO 9001:2008 including customer focus, leadership, involvement of people, process approach, and system approach to management. It also provides tips for trained internal auditors, noting they should be fact-finders, look at effectiveness of systems and processes, and understand key requirements and boundaries. The steps of an audit are outlined as developing a plan and checklists, opening and closing meetings, gathering evidence, recording results, and generating a report.
The way to understand anything
in life is to first understand the
fundamental concept that is
involve. For a subject like
“Effective Cash Management”,
the first thing to understand is
the difference between liquidity
and stupidity. Cash flow is the
lifeblood of a company and is
fundamental to its very existence.
Finance professionals must
understand how their decisions on
investment, operations and
financing lead to specific cash flow
moverments within the business
system. Part of the manager’s job
is to maintain an appropriate
balance between inflows and
outflows of cash. Unfortunately, an
intricate understanding of how
cash flows within company eludes
most business personnel.
Getting Management Buy In Your Top 7 ActionsAndrewLi
This document provides tips for achieving management buy-in for IT projects. It recommends managing the buy-in process with a dedicated resource. Key factors include identifying stakeholders, assigning a single business owner, getting funding approved, providing regular updates to prevent surprises, measuring return on investment before and after, and leveraging past successes to build confidence. Following these seven steps can help set projects up for success and lower the risk of not achieving necessary buy-in.
The document provides an overview of ISO 9001:2008 quality management standards. It discusses key aspects of a quality management system including quality assurance, quality control, planning to prevent defects, inspection and measurement techniques, customer satisfaction, and continual improvement. It also covers topics like managing documents and records, handling non-conforming products, internal audits, and defining the scope of registration.
The document discusses the role of a business analyst. It begins with an overview of the project life cycle and then defines a business analyst as a liaison between business stakeholders and technical teams. It then discusses how the role of the business analyst has changed over time to require strong communication, business analysis, and technical skills. Quality initiatives like CMMI and outsourcing have also contributed to the expanded role of the business analyst. The document emphasizes requirements gathering and documentation as core skills for business analysts.
The document summarizes an approach to quality auditing that generates added value by focusing on business objectives and process performance, evaluating effectiveness and efficiency, and driving continual improvement through a process approach and PDCA cycle. It emphasizes systematic and risk-based auditing to provide visibility, control, and leverage of audit data to meet customer needs.
TOMMY SEAH speaks on his perspective of FRAUD in CHINATommy Seah
1) The article discusses fraud that is occurring increasingly in China, especially as foreign companies establish supply chains and operations there. It provides three case studies of fraud that was uncovered.
2) The first case involved a country manager for a European machinery company who was embezzling money through shell companies and taking kickbacks from dealers. It took a detailed private investigation to uncover the full extent of his schemes.
3) The other two cases also involved employees who were diverting business for personal gain to companies they had ownership stakes in, as well as cronyism and embezzlement within a joint venture.
Financial Statement Fraud training by Tommy SEAHTommy Seah
This document advertises and provides details about a 2-day workshop on detecting and preventing financial statement fraud hosted by ProEdge Global.
The workshop aims to provide an overview of different types of financial fraud, with a focus on financial statement fraud. Attendees will learn practical techniques to combat financial statement fraud from an expert in the field.
The workshop is intended for corporate leaders, financial professionals, accountants, and auditors who want to improve their ability to detect, respond to, and prevent financial statement fraud.
ProEdge Global Sdn. Bhd.
Suite: 33-01, 33rd Floor,
Menara Keck Seng,
203 Jalan Bukit Bintang,
55100 Kuala Lumpur, Malaysia.
Tel : +603-2116 5671
HP : +6016-338 9783
kenneth@proedgeglobal.com
The document provides information about CFE-In-Practice, a company that offers fraud examination and consulting services. It discusses CFE-In-Practice's mission and philosophy, which is to provide efficient and insightful financial training, consulting, and fraud prevention services using experienced professionals. The document also provides an overview of the services offered, including corporate fraud investigation, management consulting, training and professional coaching. It includes a profile of Tommy Seah, a Certified Fraud Examiner and leader at CFE-In-Practice.
The document discusses the goals and tools of financial management. The major goals of financial management for any organization are profitability and liquidity. An organization needs various tools to manage its funds and achieve these goals, including project management, financial markets, risk and return analysis, and financial accounting. Financial management involves making decisions around managing debts, cash, creditors, and stock to achieve an organization's profitability and liquidity goals. It also discusses the risks organizations face, such as operational, credit, market, liquidity, and reputational risk.
This document provides information about the CSI World Headquarters 2009 Annual Investigation, Fraud, Systemic Risk Management Conference taking place on May 26-27, 2009 in Kuala Lumpur, Malaysia. The conference objectives are to provide tools and techniques to assist professionals in understanding systemic risk challenges and to feature four unique tracks catering to different experience levels. The detailed two-day agenda outlines sessions on topics such as managing reputational risk, fraud risk assessment, investigative profiling, forensic techniques, IT security, and digital forensics. Masterclasses on financial analysis and other subjects will also be offered after the conference.
Encouraging a whistle-blowing culture
as a way of upholding the highest
ethical behaviour
n set up the framework for protective
channels of reporting
n Overcoming hindering cultural issues of
whistle-blowing
sTAnLEy CHIA, manaGinG Director
CFe INTeRNaTIONaL CONSULTaNCY GROUP
(MEMBER Of THE CfE-In-PRACTICE GROuP Of COMPAnIEs)
Dear Delegates,
Corporate fraud costs businesses hundreds of millions of dollars each year. It affects livelihoods and is a common
cause of corporate failure. It is the responsibility of the board of directors to prevent fraud by putting in places the
appropriate controls and review procedures. This program shows you why Accounting Information System (AIS)
Threats are ever increasing. Control risks have also increased in the last few years because there are computers
and servers everywhere, and information is available to an unprecedented number of workers. Distributed
computer networks make data available to many users, and these networks are harder to control than centralized
mainframe systems. With the introduction of 3 levels of COSO and value driven ERM, things should be under
control. Recent events at SATYAM proves that in reality things are getting out of control. So, what went wrong ?
Is it time to train the auditors ?
Recognising the challenges that organisations are facing in combating Fraud, CSI In Practice is pleased to present
this 2-days Workshop on Enterprise Fraud Risk Management. This will serve as an excellent opportunity to learn how
best to conduct an internal investigation to protect your organization and step up on controls to deter fraud.
The document discusses developing a fraud risk management program for an organization. It states that fraud risk management can be handled internally or outsourced, and is affected by factors like company size and culture. Any fraud prevention model should aim to prevent, deter, disrupt, identify and prosecute fraud. The document then lists steps to develop an effective fraud risk management program, such as having fraud prevention as part of the overall risk strategy, establishing policies and controls, training employees, and having whistleblower and reporting systems.
This document provides information about a multi-day training workshop on credit risk management. The workshop will be held quarterly in 2009 at a hotel in Kuala Lumpur, Malaysia. It will be led by Tommy Seah, a certified fraud examiner and expert in financial management. The workshop aims to help participants better analyze financial statements and credit risks. It will cover topics like sound financial management, cash flow analysis, and loan monitoring techniques. The intended audience includes professionals in banking, auditing, credit, and finance. The document provides registration details, instructor background, and contact information to sign up.
This document provides an overview of a case study for transforming an organization's HR operations to world-class standards. It discusses the goals of transitioning HR service delivery to be more effective and efficient through improved self-service, data management, organizational effectiveness, human capital management and policy administration. It also aims to define the appropriate technology mix to support this transformation given the company's continued growth and increasingly global presence. The document outlines the company's organizational profile, goals, approach, change management process and considerations for HR technology.
The document summarizes the key stages and focus areas of a business transformation process for a telecom company. The process involves conducting a business audit to identify improvement areas, developing focus processes to diagnose issues like organizational culture and management systems, rolling out solutions across the organization, and institutionalizing the changes. The business audit would analyze performance, strategy, culture, processes, operations, marketing, sales and customer satisfaction. Implementation requires forming cross-functional teams and a steering committee to guide the transformation work at all levels of the organization. The goal is to achieve sustainable strategic and cultural changes that improve business results.
This presentation provides you with a practical approach for implementing Enterprise Content Management (ECM) using the open methodology MIKE2. The slides are from the AIIM ECM Specialist and Master Certificate Programs. For more information visit www.aiim.org/training
An unofficial and unauthorized overview of the SCOR Model from the first CTO of the Supply Chain Council. Why and how the SCOR model was constructed for supply chain management and how it was applied.
For current and official documentation please visit - www.supply-chain.org
The document provides an overview of Version 2.0 of the Business Analysis Body of Knowledge (BABOK) guide published by the International Institute of Business Analysis (IIBA). It summarizes the major changes in Version 2.0 including consolidating tasks and applying the guide to a wider range of methods. It also describes the structure and purpose of the main knowledge areas in the BABOK such as business analysis planning and monitoring, elicitation, requirements management and communication, and underlying competencies.
UHY Advisors provides quality and process improvement consulting services to help clients implement business and quality management systems. Their services include quality management system implementation, environmental management system implementation, process improvement workshops, and special engagements focused on areas like manufacturing optimization, root cause analysis, and lean manufacturing. UHY Advisors has helped over 220 clients achieve their process improvement goals.
The document discusses eight principles of ISO 9001:2008 including customer focus, leadership, involvement of people, process approach, and system approach to management. It also provides tips for trained internal auditors, noting they should be fact-finders, look at effectiveness of systems and processes, and understand key requirements and boundaries. The steps of an audit are outlined as developing a plan and checklists, opening and closing meetings, gathering evidence, recording results, and generating a report.
The way to understand anything
in life is to first understand the
fundamental concept that is
involve. For a subject like
“Effective Cash Management”,
the first thing to understand is
the difference between liquidity
and stupidity. Cash flow is the
lifeblood of a company and is
fundamental to its very existence.
Finance professionals must
understand how their decisions on
investment, operations and
financing lead to specific cash flow
moverments within the business
system. Part of the manager’s job
is to maintain an appropriate
balance between inflows and
outflows of cash. Unfortunately, an
intricate understanding of how
cash flows within company eludes
most business personnel.
Getting Management Buy In Your Top 7 ActionsAndrewLi
This document provides tips for achieving management buy-in for IT projects. It recommends managing the buy-in process with a dedicated resource. Key factors include identifying stakeholders, assigning a single business owner, getting funding approved, providing regular updates to prevent surprises, measuring return on investment before and after, and leveraging past successes to build confidence. Following these seven steps can help set projects up for success and lower the risk of not achieving necessary buy-in.
The document provides an overview of ISO 9001:2008 quality management standards. It discusses key aspects of a quality management system including quality assurance, quality control, planning to prevent defects, inspection and measurement techniques, customer satisfaction, and continual improvement. It also covers topics like managing documents and records, handling non-conforming products, internal audits, and defining the scope of registration.
The document discusses the role of a business analyst. It begins with an overview of the project life cycle and then defines a business analyst as a liaison between business stakeholders and technical teams. It then discusses how the role of the business analyst has changed over time to require strong communication, business analysis, and technical skills. Quality initiatives like CMMI and outsourcing have also contributed to the expanded role of the business analyst. The document emphasizes requirements gathering and documentation as core skills for business analysts.
The document summarizes an approach to quality auditing that generates added value by focusing on business objectives and process performance, evaluating effectiveness and efficiency, and driving continual improvement through a process approach and PDCA cycle. It emphasizes systematic and risk-based auditing to provide visibility, control, and leverage of audit data to meet customer needs.
090602 Isto Overview And Conformity Assessment LefkinPeter Lefkin
The document provides an overview of the IEEE-ISTO (Institute of Electrical and Electronics Engineers - Industry Standards and Technology Organization). It discusses:
1. The background and history of IEEE-ISTO since 1999, including its affiliation with IEEE and role as a forum for consortia.
2. The synergies between IEEE-ISTO and IEEE-SA (Standards Association), allowing each organization to benefit and meet customer needs through complementary standards processes.
3. IEEE-ISTO's vision, mission, board of directors, current programs, and areas of expertise like program management, conformity assessment, and interoperability testing.
VISTX provides SAS 70 audits, readiness assessments, and testing of controls to complete SAS 70 Type I and Type II audits. The audits are conducted according to AICPA standards and provide an opinion on whether an organization's description of controls accurately represents its processes. VISTX has developed a structured audit process emphasizing efficiency, commitment to clients, and timely delivery of reports. Certified accountants and consultants use standards like COBIT, ITIL, ISO, and AICPA to benchmark operations, conduct planning to examine critical processes and controls, and provide audit success.
The document discusses resources and tools provided by the IFAC SMP Committee to help small- and medium-sized practices (SMPs) implement IAASB standards. It outlines guides on using ISAs in SME audits and quality control for SMPs, which provide practical assistance for applying standards cost-effectively. It also describes an e-news publication and translations of materials to further support SMPs. The presentation highlights key differences between audits, reviews, and compilations based on IAASB standards to help SMPs properly implement the appropriate level of assurance engagement.
Pam Ryan has over 29 years of experience in human resources across various industries. She specializes in developing HR strategies and processes to support rapid organizational growth. Her areas of focus include recruitment, employee relations, training and development, compensation, and ensuring compliance. She aims to partner with management to recruit and develop talent, implement performance management processes, and align HR with business goals.
This document is a resume for Asim Ismail, a Chartered Accountant and Certified Internal Auditor with over 8 years of experience in auditing and accounting. He has worked as an Assistant Manager of Internal Audit for Al Khaleej Sugar and as a Senior Internal Auditor for Arabtec Holding PJSC. His experience includes conducting risk-based operational and financial audits, developing annual audit plans, and ensuring compliance with auditing standards and regulations.
Tech Ed 2009 Practical Tips To Manage Projects Productivelyrsnarayanan
The document discusses tips for productive project management. It outlines goals of productive project management such as delivering on time, cost and quality. It discusses the role of a project manager and focusing on planning through tools like work breakdown structure and defining, delegating, and ensuring tasks are completed. The document provides examples and emphasizes raising early flags, stating assumptions, assessing competence, and educating clients to improve productivity.
It will happen when you least expect it. There will always be allegation of fraud and
employee misdemeanour. This is a perennial truth. The question that needs to be addressed
is how do we go about managing such allegations.
In recent years, a variety of laws and regulations have emerged in Singapore and Malaysia,
providing organizations with an array of criteria to incorporate into their antifraud
efforts. But for all practical purpose there is no law on managing fraud allegation.
In the wake of high-profile corporate scandals as well as new regulations worldwide,
many business leaders are increasingly aware of the need to create company-specific
antifraud measures to address internal corporate fraud and employee misconduct.
While acknowledging that no single approach to fraud risk management can fit every
organizations needs, this seminar focus on key practices that organizations have
generally found to be effective when tailoring a company-specific fraud allegation
investigation program and offers a strategic approach to aligning corporate values
with employees performance.
The Federal Bureau of Investigation, financial institutions and merchants are always on
the lookout for scam artists. One of the most common and unregulated industry where
fraud is most prevalent and perpetrated on a daily basis is in the area of Management
Consultancy. Almost every unemployed and unemployable individual calls themselves
Management CONsultants.
The technique to know whether you have been a victim is to examine the deliverables.
Look at the concepts closely. If they cannot even get the fundamentals right, you know
that it is REALLY a CONsultancy firm.
Psychology of fraud 50 pages for comment by tommy seah number one fraud busterTommy Seah
This document provides an overview and summary of a book on the psychology of fraud, gender bias, and interview techniques. It discusses the definition of fraud and how to identify it, the factors that lead to fraud, limitations of internal controls, differences in male and female psychology and motivation for fraud. The bulk of the document focuses on effective interview techniques to determine the truth in a fair and ethical manner. It provides guidance on red flags for fraud, best practices for interviewing witnesses, detecting deception, verifying information and effective note taking.
Improving and Implementing Internal ControlsTommy Seah
Implementing and Improving Internal Controls
Articulating the increasing need for comprehensive in-house fraud control procedures
• Optimizing the accuracy and reliability of data acquired through internal inspections
• Detailing the process of applying controls inside the organization, and demonstrating the outcome
Fraud Risk Management - Road Show in KL, MalaysiaTommy Seah
The Reason why u need FRA
Passage of the Sarbanes-Oxley Act (SOX) caused more and more companies, public and private, to assess their vulnerability to fraud and abuse. Section 404(a) of the Act requires management of public companies to assess and report on its internal financial reporting controls, largely to ensure that financial statements are fairly presented in accordance with generally accepted accounting principles (GAAP). Fraudulent financial reporting that leads to a material misstatement in the financial statements is one key risk management should assess. This assessment focuses on accounts, processes, GAAP disclosures and the assertions in the financial statements and other required disclosures. Countries in Asia do not necessarily have their own version of SOX. But they have seen the benefits in SOX in the prevention of occupational fraud. Fraud Risk Assessment is now an integral part of good corporate governance.
Such assessments aren’t new. Organizations have assessed business and organizational risks for years. But fraud risk analysis has rarely been the primary focus. Times have changed, and now many companies and organizations are considering conducting specific fraud risk assessments.
Prevent, Deter and Detect Fraud
A fraud risk assessment is designed to examine the controls specifically created to prevent, deter and detect fraud. This assessment is fraud scheme and scenario-based. Fraud risk assessments also communicate a companywide policy of zero tolerance for fraud and abuse.
To conduct an effective fraud risk assessment, follow these steps:
1. Organize and define the assessment objectives with company management and your internal audit committee. Form a team of fraud and control experts, and get senior management and audit committee buy-in: Ask them to communicate their endorsement and sponsorship of both the process and a strong antifraud program to the entire organization.
2. Determine the business and accounting process(es) to be assessed and investigated. Usually, the initial processes selected are those where fraud or abuse has previously occurred or that management has identified as critical business processes that may be susceptible to fraud or abuse.
3. Identify potential schemes and scenarios specific to the process(es) to be examined against current controls. Fraud schemes and scenarios should be selected based on the specific business process, the industry, physical location of the process operation and any known frauds or abuses concerning the process.
4. Determine the likelihood of a fraud occurring within each scheme and scenario. The Public Company Accounting Oversight Board has defined risk levels as remote, more than remote or reasonably possible, and probable. If assessing a public company, assess the risk levels in relation to SOX compliance efforts.
5. After the fraud risks for individual processes have been identified, documented, and rated as to risk level, match the controls within each process to the identified fraud risks. Determine the effectiveness of each control in preventing or providing a means of early detection for the fraud risk. Group the risks as to their probability of occurring within the process.
6. Estimate the probable loss in dollars should the fraud or abuse occur. Try to place a value on loss of reputation if that is a possible outcome.
7. Prepare recommendations for strengthening controls and present to management.
Fraud Risk Assessment Benefits
Some benefits of a fraud risk assessment are obvious — compliance with Sarbanes-Oxley, protection of company assets, and a possible increase in profitability due to a reduction in fraud losses, waste and abuse. But another important benefit doesn’t appear in financial statements or government filings: the enhanced reputation of a highly ethical company that supports a strong internal and external antifraud policy and program.
Understanding Procurement Fraud by Tommy SeahTommy Seah
Dear Delegates,
Purchasing fraud is on the rise. Companies today do not just face risks from internal fraud but also
from external criminals who are technologically savvy. The important role on combating fraud plays in
minimising financial losses is fast gaining ground. CFE-In-Practice experts is providing you
with practical advice on how to “look for red flags” and symptoms of fraud. Discover
why some numbers do not add up. Mitigate this fraud risk management by learning
the latest strategies that can be adapted to your company. This event will also cover
investigation and prevention, most importantly how to structure your business processes to minimise
the risks whilst maintaining operational efficiency.
Recognising the challenges that organisations are facing in combating Purchasing Fraud, CSI
In Practice is pleased to present this 2-days Workshop on Understanding Procurement Fraud -
Investigation & Resolution. This will serve as an excellent opportunity to learn how best to conduct
an internal investigation to protect your organization and step up on controls to deter fraud.
Ethics and Integrity by Tommy Seah- A Value Added Audit on EnvironmentTommy Seah
A Value-Added Audit
On ETHICS and AUDITORS DUTIES
(Assessing Organizational and Individual Ethics)
By
Tommy Seah
World Class trainer for practicing auditors
BACKGROUND
13th Aug 2009, Hotel Rendezvous, Singapore
BACKGROUND
The continuing influence and impact which personal and professional ethics exerts upon
individuals, organizations and society, and the factors which influence organizational ethics,
has been thrust into the headlines of the populous. The ethical issues faced daily by
organizations and their employees are neither always straightforward nor easy to resolve.
Results of unethical behavior by accounting/audit professionals, and the impact of ethics upon
organizations, is a topic of growing concern in corporate board rooms around the world. This
one day seminar will examine the timely and important topic of ethics and its relevance and
importance to overall corporate wellbeing. In particular, what factors influence the likelihood
that an individual will act ethically or less than ethical, and what this means to management,
the organization, and internal controls in general. It also examines the question, if the
auditors are doing all that they are suppose to do, in the manner that they are suppose to do
it, why does fraud still occurs?
OBJECTIVES
OBJECTIVES
After completing this seminar, participants will be able to:
Understand SEATA and understand the interrelated nature of organizational functions and
components as they relate to establishing an ethically compliant organization
CFE Strategic
Alliances
Jointly Organized by Endorsed by
Certified System Investigator
CSI World Headquarters, Singapore
(CSI CPE Credits: 8)
CFE International
Consultancy Group
Private Limited
Identify the role of organizational values in driving strategic goals and objectives
Discover the role that personal values play in driving individual employee choices and
decisions
Develop an ethics assessment tool designed to evaluate an organization's compliance to
stated ethics policies
Pinpoint the underlying causes of patterns of unethical and/or undesired employee behavior
Reduce the incidence of employee conflict between the intended change and their personal
ethical standards and expectations
Increase employee commitment to organizational goals and objectives
Traditionally, the practice of risk management comprises acceptance, transfer...Tommy Seah
Traditionally, the practice of risk management comprises acceptance, transference, elimination, control, sharing, insurance and avoidance of a diverse array of risks. Risk management and internal control business models have subsequently been devised which cater for all eventualities - categorised by terms such as business, operational and reputational risk.
FOREIGN EXCHANGE MANAGEMENT AUDIT - FOREX AUDIT by TOMMY SEAHTommy Seah
This course is aimed at those who wish to gain an understanding of the management techniques, concepts and practices in Foreign Exchange Management and control. This course is for you who are auditing the bank or somehow have an interest in the management and control of forex activities. It will also appeal to Backroom staff whose nature of work necessitates a good grasp of FOREX and Money Market activities. This is not a general course. It is specially tailored to suit the needs of the Bank Internal Auditors. It provides the Auditor with the necessary concepts, practice and program to conduct an FX Audit. The immediate benefit in attending this coaching session is that you get a complete Audit Programme on FOREX.
Understanding the strategies for improving and managing the risk/return profile and performance of forex position is crucial for successful Treasury Management. This coaching session includes a conceptual overview of Treasury Management concepts, such as line distribution, dealer correlation and valuation of position. Key forex inputs and outputs are defined using hands-on exercises with the CFE-In-Practice™ Case Studies. This informative program covers a wide range from product knowledge, elements of risk, return and optimization, control and forex risk management. In other words, learn everything you need to know about managing a Forex department so that profit can be optimized and loss can be recognized. Too many organisation make too much profit to be lost in Forex too quickly too. That is why you need to manage your Forex department actively.
OBJECTIVES AND BENEFITS IN ATTENDING
On completion of the Coaching Session participants will be able to:
• Understand and assess the risk and return of a Forex portfolio
• Determine the most attractive exposures from a risk/return perspective
• Determine the range and likelihood of future forex portfolio values; given this range and likelihood, determine how much equity or capital is required
• Identify the major sources of concentration and diversification in a Forex portfolio
• Assess strategies for improving performance of treasury portfolios
Day One - (PRODUCT KNOWLEDGE)
Is there a fundamental difference between Money Market & Foreign Exchange Market? What is a POSITION? Who controls the position in the bank? What is the best practice in the management of TREASURY LINES? How does Interest Rate Swaps and Currency Swaps work? Should your banks be involved in any of these? Case Studies and discussions.
Day Two (Forex AUDIT)
What is the correct audit approach? Why use the Systems based approach for forex audit? Where lies the auditor’s safety in a forex audit? What must be the FOREX audit focus?
DETAIL COACHING OUTLINE
• Data requirements and sources for active Forex management
• Default quantification for each obligor and utilization and recovery in the event of default; and an overview of the different sources for this data
• Understanding the distinction between MDDR line and FX line
• Components of Forex risk
• Methods of obtaining default probabilities
• Requirements for internal monitoring systems
• Determining quantum of loss given default in a Forex portfolio
• Criteria for which Forex position will be held in a portfolio or, alternatively, sold to other investors i.e. closing out
• An organization's required rate of return and its risk appetite
• Policy setting and implementation; investing guidelines, monitoring performance investment tactics, position control and management
• Quantification of Forex concentrations (Note: This program will describe and use the widely discussed CFE-In-Practice™ FOREX Case Studies)
METHODOLOGY
This coaching by a Certified Fraud Examiner consists of a lively series of short participative lectures conveyed using plain uncomplicated explanations. Learning will be facilitated through discussion and case studies. Ample coaching materials will be gi
The document outlines an agenda for a training on audit documentation, tools, and techniques for internal auditors. It includes introductory lectures, product and case study presentations, exercises, and breaks. It also discusses the internal auditor's role, the audit process, internal controls, documenting controls, risks, and system documentation methods like flowcharts and questionnaires.
CSI 2009 Conference Brochure after early bird discountTommy Seah
This document provides information about the CSI World Headquarters 2009 Annual Investigation, Fraud, Systemic Risk Management Conference taking place on May 26-27, 2009 in Kuala Lumpur, Malaysia. The conference objectives are to provide tools and techniques to assist professionals in understanding systemic risk challenges and to feature four unique tracks catering to different experience levels. The detailed two-day agenda outlines sessions on topics such as managing reputational risk, fraud risk assessment, investigative profiling, forensic techniques, IT security, and digital forensics. Masterclasses on financial analysis and other subjects will also be offered after the conference.
This document outlines a risk-based audit coaching program led by Tommy Seah. The coaching will help participants understand risk identification, evaluation of internal controls, and audit techniques. It will cover the roles of internal auditors and compliance officers, the audit process, and components of internal control. The coaching uses interactive lectures, discussions, and case studies to facilitate learning. Tommy Seah is an experienced auditor and author who provides in-demand technical training to banks in Asia and Europe on topics like anti-money laundering, operational risk management, and Basel II.
The document discusses organizing a 1-day course on understanding and developing a fraud risk management program for organizations. The course aims to help participants understand the business case for managing fraud risk, develop a COSO-consistent fraud risk management program, and evaluate existing fraud risk management programs. The course will cover topics like defining fraud risk, roles and responsibilities in fraud risk management, coordinating governance, risk management and compliance to prevent fraud, assessing fraud risk, and monitoring fraud risk management. It will be jointly organized and feature two trainers with experience in fraud examination, digital forensics certification, and financial crime consulting.
This document advertises a two-day workshop on practical techniques for combating corporate fraud. The workshop will provide hands-on training on conducting internal fraud investigations, detecting "red flags", applying forensic accounting skills, and structuring business processes to minimize fraud risk. It will be led by Tommy Seah, an experienced fraud examiner and author. The workshop outlines describe sessions on understanding why and how people commit fraud, approaches to fraud prevention, detection and investigation, and developing audit tests to uncover hard-to-spot fraud practices. The workshop aims to equip attendees with practical skills and knowledge for minimizing the risks and impacts of fraud.
Tommy Seah speaks on CORRUPTION and FRAUD PREVENTION in MalaysiaTommy Seah
The document discusses managing internal investigations and corruption. It covers the differences between internal audit and forensic audit approaches, as well as the skill set requirements for internal investigations. It also discusses how to build competencies for internal investigations, the costs of fraud to organizations, and how to apply investigative methodologies while avoiding legal issues.
This document provides an overview and agenda for a half-day program on effective internal controls and fraud prevention for non-profit organizations (NPOs). The program will include presentations, discussions, and case studies on topics like fraud detection and prevention, identifying fraudulent activities, building an effective internal control system, and encouraging whistleblowing. It will be led by two speakers with expertise in fraud examination, investigative techniques, and compliance. The intended audience is anyone working in an NPO to help them understand and implement strong internal controls to reduce organizational risk and protect assets from fraud.
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
The Universal Account Number (UAN) by EPFO centralizes multiple PF accounts, simplifying management for Indian employees. It streamlines PF transfers, withdrawals, and KYC updates, providing transparency and reducing employer dependency. Despite challenges like digital literacy and internet access, UAN is vital for financial empowerment and efficient provident fund management in today's digital age.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
South Dakota State University degree offer diploma Transcriptynfqplhm
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
South Dakota State University degree offer diploma Transcript
Csi Blackbelt Ia Masterclass Sg
1. Early Bird &
Group Discounts
Available!
Call us at +65 9106 9872/
+65 9007 4179 to
register today!
CSI BLACKBELT in SEATA—
Internal Audit Masterclass 1
JAN 29-30, MAY 7-8, SEP 7-8, DEC 1-2 2009*
(One Session Every Quarter)
RENDEZVOUS HOTEL, SINGAPORE
Faced with more and more regulations and ever-increasing demands from the Board, internal audit
teams face a daunting task. So imagine the challenge of re-engineering an existing established audit
function or—even more daunting—creating a completely new audit function from scratch. It’s
unlikely that you will be given too much time to get it right and there will be an expectation that you
will function effectively from day one.
I n this 2 - day highly practical course you will learn how to assemble the
course,
building blocks to an effective internal audit function and hit the ground
running. Key highlights on what you will learn in this
programme include:
• Review the specific steps to ensure the internal audit function
is organised the most effective way
• Understand what activities effective internal audit function should cover
• Develop and implement effective audit reports
TOMMY SEAH
• Understand what corporate governance issues internal
auditors should be watching REGENT EMERITUS,
ACFE (TEXAS, USA)
• Learn how to positively impact your shareholders' value by
maintaining good corporate governance CFE, CSI, FCPA
2. A CLOSER LOOK AT THE PROGRAM
The purpose of this training Course is to help internal audit executives
benchmark their internal practices against globally accepted practices that
guarantee the effectiveness of internal auditing. After attending this session
participants will be able to:
Know the basic principles and organisational frameworks for internal audit and control
Recent developments from COSO
•
Recent evolutions in professional standards
•
Governance models and the role of internal audit
•
Internal Audit and Corporate Governance requirements
•
Interfacing with external auditors and other external parties
•
Internal audit as interactive part of the corporate-wide communication process
•
Challenges for the modern Internal Audit function
•
New skills development for modern internal auditing
•
Achieving compliance with standards
•
Conflicts of interest
•
Ethics and codes of conduct
•
COURSE CONTENT
Understanding SEATA
6. What is Peer/Quality Assessment Review?
1. Key Concepts and Objectives
• Objectives
• Scope
• Components
• The Approach
• Fitting the Objectives and Components Together
• Using SEATA to Identify Inherent Control Weakness
• 7. Fieldwork
Case Study
• Assessing Organisational Governance
2. SEATA Implementation Tools
• Selecting the Right Workpapers to Review
• Managing the Review
• Evaluating SEATA Attributes in Major Processes
• Interviewing the Key Players
• Measuring SEATA Components at the Entity Level • Developing the Opinion
• Applying the Evaluation Criteria
3. SEATA Evaluation Tools
8. Reporting the Opinion
• Entity-wide Assessment Tools
• •
Business-process Control Evaluation Tools The Closing Conference
• •
Sample SEATA Audit Programme Communicating the Results
• •
Case Study Report Formats
• Who Responds to the Comments
• The Final Report
4. Significant Risk Aspects
• Critical Success Factors 9. A Survival Checklist for Chief Audit Executives
• Risk Assessment: Entity-wide
• Choosing A Methodology
• Risk Assessment: Activity Level
• Selecting the Right Team Leader
• Selecting the Review Team
5. SOX 302 and 404: Corporate Responsibility for Financial
• Doing Your Homework
Statements and Management's Assessment of Internal
• How to Get the Most Out of a QAR
Controls
10. Best Practices in Value-Added Internal Auditing
• Why SEATA has become the lingua franca of SOX Compliance
• • Where should IA Report
Internal Audit's Roles
• • IA's Role in Sarbanes-Oxley
Relating SOX302 to SEATA
• • Structure of the Department
SOX 404 Activities that relate to Elements of SEATA
11. Practical Case Study
3. YOUR TRAINING COACH
TOMMY SEAH
Certified Fraud Examiner; Double Firsts in Financial Management &
Accountancy (U.K.); Chartered Banker; International Accountant;
FCPA (USA); CSOXP; Member of Advisory Board to SOX Institute
He is the only Singaporean that has made a name for himself in America’s largest and world renowned Anti-
Fraud Association. In 2006, he was elected by his peers in more than 100 countries to be the Vice Chairman of
The Association of Certified Fraud Examiners Board of Regents based in Texas, USA. CFE is a post graduate pro-
fessional qualification recognized by the FBI and USA Central Intelligence Agency in it’s recruitment of auditors
for combating fraud. He is also the Chairperson of CSI World Headquarters. CSI is the only Digital Forensic Certi-
fication body that operates in Asia. A number of auditors in the United Nations and government services
proudly carry the CSI designation with distinction. Today, Tommy is the Number 1 fraud buster in Asia. His ser-
vices in providing anti fraud and technical product training is much sought after by numerous multinational
companies, banks and governments in the region, including Germany, Singapore, Malaysia, China, Indonesia,
Philippines and Taiwan. Tommy's previous work experience includes systems based auditing in an American
International Bank, where he was the Senior Regional Auditor responsible for the Bank's audit in the Asia Pa-
cific region. He has also held the top executive position of Chief of Internal Audit in a prime offshore bank
where his audit duties cover the Singapore and Hong Kong operations of the bank. He covers all areas of the
bank's audit of operations and IT systems. He also has practical working experience in the Operations Depart-
ment of a foreign bank. Of late, Tommy has very successfully trained Anti-Narcotics Police Officers from most
of the ASEAN countries. In 2008, he was awarded the privilege to train the highly skilled and intellectually supe-
rior officers from the Competition Commission of Singapore. Tommy Seah is also a prolific writer. He is the au-
thor of seven banking books including the F.I.G. Program. The FIG is the authoritative and definitive text on Fi-
nancial Instruments designed to be used in the world wide banking industry for product training. This publica-
tion has received excellent review and first class commendation from some of the most authoritative profes-
sional certification body and top rated banks in the world. The other six authoritative texts used in his training
are The Foreign Exchange Audit, The Control of Money Market Activities in Banks, Financial Management, MCA
for Banks, SWAPS in Investment Banking and Anti-Money Laundering 101. His latest publication attempt is on
Profiling and Interviewing Techniques. He has set for himself the goal to be the first Asian to write the first
book in “Technology Fraud for the Banking Industry”.
For the past twenty nine years, Tommy Seah has trained some of the top lawyers, bankers, accountants, inves-
tigators in the banks and financial institutions in the region. In particular, his expertise in SOX 404, AML and
Basel II systems implementation and compliance is much sought after by financial institutions and banks in Ger-
many, Brunei, China, Indonesia, Malaysia, Philippines, Singapore, Taiwan and Thailand.
Accredited By:
Developed By: Organized By:
This training program is—
4. CSI BLACKBELT IN SEATA—
2009 Training Session
INTERNAL AUDIT MASTERCLASS 1 Parkroyal Hotel
Kuala Lumpur, Malaysia
FEES & REGISTRATION METHOD
Package Participant Fees Session 1 Session 2 Session 3 Session 4
Workshop Price SGD 1100 per pax Jan 29-30 ’09 May 7-8 ‘09 Sep 7-8 ‘09 Dec 1-2 ‘09
Group Price ** Corporate Group Discount: Second Participant pays 95%; subsequent participant pays only 70%.
Subsequent participants must be from same organisation.
Disclaimer:
* Subject to final confirmation based on enrolments and trainer’s schedule availability
**The registration fee does not include hotel accommodation. Delegates may be refused admission if payment is not received prior to the workshop
HOW TO REGISTER
To attend this workshop, complete and return this registration form with the required payment in full. Registration confirmation will
only be acknowledged once the registration fees have been received. Please read this booklet carefully before completing the
registration form. All fees are quoted in 750 US dollars (USD) equivalent.
REGISTRATIONS CAN BE SENT BY THE FOLLOWING METHODS: PAYMENT METHODS:
Tel: Cheque: Make payable to CFE in Practice
(+65) 9106 9872
Fax: (+65) 6288 0181
Email: tommy@cfe-in-practice.net T/T Payment:
Mail to: OCBC Bank (Singapore)
CFE-In-Practice
111, Tampines Road, Suite No. 07-01 Account Number: 581-682788-001
Yi Mei Gdn Building Account Name: CFE Strategic Alliances
Singapore 535133
PARTICIPANT NAME
CANCELLATION & TRANSFERS
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Designation Should you be unable to attend, a substitute delegate is welcome at
no extra charge. Alternatively, you may choose to credit the full
Email value of your registration towards a future CFE event.
A full refund, less 10% administrative charge, will be made for can-
Name cellations received in writing at least 3 weeks prior to the workshop.
Designation
A 50% refund and the workshop documentation will be provided for
cancellations received in writing 2 weeks in advance. The firm re-
Email
grets that no refunds will be made for cancellations received less
than 2 weeks prior to the workshop.
Name
A complete set of documentation will, however, be sent to you. CFE
Designation reserves the right to cancel or alter the content and timing of the
program for reasons beyond its control. CFE-In-Practice reserves the
Email undeniable right to CANCEL the program.
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