Internal Controls Policies and Procedures: Best Practices
Course Overview
This four – day interactive workshop will provide participants with a detailed understanding of how implementing effective internal controls can reduce organizational risk, weak internal control lead to errors in information and decision – making. It will also examine the criteria for good policy and procedures, activities to demonstrate the practical application of the information learned and identify appropriate solutions for their organization.
Training Format:In-class, Virtual, In-house
Location:Lagos, Accra, Nairobi, Kigali
Language:English, French
Nigeria Price:
₦300000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$5500
Rwanda Price:
$6000
Nigeria Price:₦300000
Int'l., (Nigeria) Price:
$1000
Ghana Price:
$4000
Kenya Price:
$4000
Rwanda Price:
$4000
Nigeria Price: ₦300000
Int'l., (Nigeria) Price:
$1000
Ghana Price: $4000
Kenya Price: $4000
Rwanda Price: $4000
Overview of Internal Controls
- The purpose and Benefits
- The weak Internal Controls
- The Limitation of Internal Control
Risk Management
- External and internal risk
- Corporate governance
- Safeguarding resources
- Managing change
Developing Internal Control Policies and Procedures
- The main tools available
- The processes and procedures
- Preparing clear policies
- Apply internal control principles
Elements of internal control
- Control environment
- Risk assessment
- Control activities
- Information and communication
- Monitoring
Components of the Control Activity
- Personnel
- Authorization procedures
- Segregation of duties
- Physical restrictions
- Documentation and record retention
- Monitoring operations
Internal Control Limitation
- Staff size
- Human error and misunderstandings
- Cost of implementing a specific control
FOR WHOM:
All Internal Auditors and Risk Managers in the Public and Private Sectors.
1ST BATCH: Tuesday, April 7, 2026 — Friday, April 10, 2026.
2ND BATCH: Tuesday, July 28, 2026 — Friday, July 31, 2026.
3RD BATCH: Tuesday, November 24, 2026 — Friday, November 27, 2026.
The training methodology integrates lectures, interactive discussions, collaborative group exercises, and
illustrative examples. Participants will acquire a blend of theoretical insights and hands-on practical
experience, emphasizing the application of learned techniques. This approach ensures that attendees return
to their professional environments equipped with both the competence and self-assurance to effectively
implement the acquired skills in their responsibilities.
