Description

This course is designed to help directors and managers to build, manage, monitor and evaluate the performance of their functions and processes to ensure that they meet the strategic and operational targets of the organization. It will provide them with basic knowledge that will enable them to set proper objectives for their business, identify the risks threatening it and finally managing these risks through integrated system of Internal Controls. Moreover, it will provide directors and managers with a solid framework that will facilitate application of all the above through a simple and practical approach that mixes the scientific concepts with the real life examples.

Program

MBA

Objectives

• Upon completion of this course, students should: • Define the internal control characteristics in understandable terms. • Introduce the components that should be considered in building internal control systems. • Describe the principles, frameworks and approaches that gauge internal control. • Understand risk factor and its expected response. • Define the methods and procedures for building, monitoring, and assessing control. • Be aware of internal audit related to internal control and their importance.