[Internal Control Series] Revenue and Receipts Processes

[CANCELLED]
[Internal Control Series] Revenue and Receipts Processes:  

Implementing Effective Internal Controls to Safeguard Your Revenue and Receipts Processes  

Note: It is highly recommended to attend the 1-day “Importance of Internal Controls to Safeguard Your Company” before attending this implementation workshops under Internal Control Series  

 

Date : 19 Dec 2018 (Wed)
Time : 9.00am - 12.30pm
Venue : SBF Center, 
160, Robinson Road, #06-01, Singapore 068914

Fee per pax 
(inclusive of GST)  
: SBF Members-$321 
Non Members-$428

-Upon completion of the workshop, the participant will be granted an attendance certificate.

INTRODUCTION
A company can suffer unnecessary financial loss and reputational loss through operational inefficiency and fraud in its revenue and receipts process. The ability to implement effective internal controls in its revenue and receipts process is critical to help prevent such losses to the company.

Join us for this half-day practical training programme to equip yourself with the knowledge, skills and techniques to deter, prevent and detect operational inefficiency and the many different devastating types of revenue and receipts fraud schemes.

 
 

OBJECTIVES
What you will gain from this seminar:
· Gain a thorough understanding of the revenue and receipts process and its vulnerability to different key operational risks and fraudulent activities
· Explore different kinds of revenue and receipts fraud that can occur in a typical organisation
· Determine the various root causes of different revenue and receipts fraud schemes
· Identify the different effective deterrent and preventive measures to help reduce the occurrence of revenue and receipts fraud
· Learn about practical tools and techniques to monitor and detect the occurrence of various revenue and receipts fraud schemes

  

COURSE OUTLINE
1. Introduction to the revenue and receipts process
• Understanding the sub-processes of the revenue and receipts process
• Key risk areas of the revenue and receipts process
• Control objectives of the revenue and receipts process

2. Different types of revenue and receipts fraud schemes
• Skimming
• Larceny
• Cash register disbursement
• Revenue misstatement

3. Effective internal controls to safeguard the revenue and receipts process
• Preventive and deterrent controls
• Detective controls
• Monitoring controls

4. Case studies discussion and quizzes


*Programme information is accurate at the time of print



WORKSHOP AUDIENCE 
This workshop is ideally designed for staff responsible for revenue and receipts. Including finance professionals, especially accounts payables, internal auditors, risk managers, internal controls and compliance professionals.


ABOUT THE TRAINER
The trainer specialising in coaching, consulting and training on business risk management and fraud awareness has also worked with the Big Four accounting firms, multinational corporations and local companies in Hong Kong and Singapore for over 10 years.

During the career with PricewaterhouseCoopers Hong Kong, the trainer has conducted various training programmes on corporate governance, internal controls and anti-fraud to the directors of companies listed in Hong Kong. The trainer has also been extensively involved in risk management, internal control, internal audit and Sarbanes-Oxley compliance projects in Asia Pacific. 


ADMINISTRATIVE DETAILS

- Please logon to https://login.sbf.org.sg/SBFPortal/Sign_In.aspx with your Username and Password to register. 
- Please create an account for registration if you do not have an existing account with SBF
- Upon registration, please make payment using credit card via online payment platform. Auto e-acknowledgement and invoice will be sent to your registered email.
- No cancellation will be allowed upon registration, but attendance by a replacement delegate from your company is welcomed. Please notify SBF of the change at least 3 days’ notice prior to event to enable logistical arrangements for the replacement.
- Payments are required with registration and must be received prior the workshop to guarantee your place.
- Participants will only be admitted if payment/proof of payment has been received prior to the event or on event day.
- You will still be liable for the payment in the event of no-show on actual day of the event.
- Singapore Business Federation (SBF) reserves the right to cancel or make any adjustments to the event.


Other payment modes:
1) Electronic Payment
Internet banking services with UOB or DBS via Billing Organization.

2) VISA/MASTERCARD Terminal
Payment can be made via our VISA/MasterCard terminal in our office

3) Cheque Payment
Please cross your cheque payable to Singapore Business Federation and send it to: 160 Robinson Rd #06-01, SBF Center, Singapore 068914

Please indicate the Invoice number, Company and Participant name at the back of the cheque.
If you have registered less than 5 working days before the event date, please bring along the cheque on the day of workshop.
   

If you have further enquires or clarifications, please contact [email protected] (ATTN: Eady NG) | 6827 6867
Ref No.: SB180351

NOTE : To safeguard the well-being of all participants, we advise members who are feeling unwell to refrain from attending the session

DISCLAIMER
All information, materials and related graphics contained herein and/or provided in the course of the training session(s) (hereinafter referred to as “Information and Materials”) are intended for informational and/or educational purposes only. The Singapore Business Federation does not claim ownership of any of the Information and Materials provided by the external training vendor(s). The information and Materials may from time to time include technical inaccuracies or typographical errors, and changes may be added periodically as may be necessary. Please note that photography, audio and video recording may occur during these events. All photography, audio and video recording may be used by Singapore Business Federation for education, marketing, promotional and/or publication purposes. If you do not wish to have your image recorded or published, for compelling and legitimate grounds relating to your particular situation, please inform our staff.

When
12/19/2018 9:00 AM - 1:00 PM

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