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Internal Control Masterclass

Structure Duration Two days
Time 9am to 5pm
Commencement Date 26 - 27 Apr 2018
30 - 31 Aug 2018
17 - 18 Dec 2018

COURSE FEE (NON-MEMBER): S$1,177.00* (including 7% GST)
COURSE FEE (MEMBER): S$1000.45* (including 7% GST)
* Members enjoy a 15% discount before GST
* Group Discount (3 or more participants) - 10%


SDF Grant Amount: S$28.00 
SDF Course Code: CRS-N-0026855

SkillsFuture Credit 
(Individual Singaporean aged 25 and above)
Pre-approved SkillsFuture funding of S$500.00
Click HERE for more info on SkillsFuture.


If you believe fraud is a threat to you and your organisation, we are here to show you how internal control can assist in mitigating fraud risk.  Fraud can come in multiple scenarios and from various functions, including financial statement, operational fraud and corruption.  It is never easy to identify the face of fraud, but you can enhance the system to prevent and detect fraud.

Internal control is reckoned as an essential component in managing fraud risk. It can demonstrate how an organisation could bring down Fraud Risk systematically, within the operating system of people and IT. Let this two-day programme shows you how internal controls can be implemented effectively for core processes; procurement, cash receipt and disbursement, inventory and fixed assets.

Key Takeaways

Upon completion of this workshop, participants will be able to;

  • Understand the objectives of internal controls
  • Apply internal controls in good control environment for effectiveness
  • Demonstrate how internal controls can be implemented within existing processes, to prevent and detect fraud and errors
  • Interrelate and use internal controls to mitigate fraud risk, specifically for core processes
  • Learn and implement internal controls effectively within your organisations across all functions, at all levels of personnel

Who Should Attend

  • Internal Audit Executives and Managers
  • Finance and Accounting Officers and Managers
  • Operations and other function Executives and Managers
  • Academicians
  • Compliance officers
  • Strategic and Planning Executives and Managers
  • Risk Managers and Fraud Prevention Officers

What Will Be Covered

  • Introduction to Internal Controls
  • Integrated Internal Control System
  • The Basics of Risk management
  • The Control Environment
  • The Risk Assessment
  • Control Activities
  • Information and Communication
  • Monitoring
  • How to develop effective control activities and environment


Instructor-led Presentations with class exercises, group discussion, simulation exercises and case studies.

Trainer's Profile

Jessica Hong (Ms.) is a Malaysian Chartered Accountant and holds a Bachelor of Accountancy from University of Malaya and she completed her post-graduate studies in Management Development Programme at INSEAD, Singapore.

Her career with PricewaterhouseCoopers (PwC) has given her invaluable experience in system assurance, management assurance, audit, fraud investigations, system implementations, due diligence and many other challenging assignments. All these provide her with deep insights of financial management practices and their impact on corporate performance. Her financial skills training experiences made her an invaluable resource to participants in her financial skills programme.

She was trained by Michael Wells, Director, IFRS Education Initiative, IFRS Foundation and Paul Pacter, IASB Member & Chairman of the SME Implementation Group in Singapore recently, to be an IFRS Trainer (IFRS is International Financial Reporting Standard).

Some of her major clients she worked with during her career include DKSH, Sime Darby and Amoco Chemicals, Maxis Communications, United Overseas Bank Malaysia, CitiBank Thailand, Kampuchea Institute of Certified Accountants and Auditors (KICPAA), OCBC Bank, MSIG, Institut Bank-Bank Malaysia, Ministry of Finance Malaysia, Institute of Singapore Chartered Accountants, Ministry of Finance (Malaysia), MSIG , Moet Henessey Diageo Singapore and Agro Bank.

Jessica has varied and vast commercial experience in developing and implementing credit control policies, project management, debt recovery training, system integration and many other management effectiveness & efficiency assignments. With more than 10 years of training experience in her cuffs, Jessica continued her passion in human capital development, specializing in financial and management skills training.


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+65 6247 9111
+65 6278 8000
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