Internal Control and Accounting Organisation

Introduction

The main topic of the course is to introduce internal control as one of the tools for efficient management control and to discuss challenges when establishing well-functioning accounting routines that focus on controlling and compliance in all relevant areas.

Course content

• Internal control as a part of corporate governance
• Overall goals related to operations, reporting and compliance
• The COSO model
• The control environment
• Identification and assessment of risk
• Effecient control activities
• IT-related control activities
• Efficient reporting routines and monitoring of the systems for intern control
• Accounting legislation compliance
• Other relevant compliance challenges
• Organization of IT projects
• Efficient accounting routines in various business processes
• The accountant and controller as advisors