Learn how to set up an internal audit system

When do you know it’s time to set an internal audit function for your business? An internal audit group or a person is essential as soon as you start delegating key functions to other people such as finance, cash disbursements and receipts, procurement of inventories, maintenance, and even marketing. Someone has to review if the work is being done right and is complying with policies and procedures to ensure that no cheating, fraud or abuse is happening.

The Center for Global Best Practices is launching this special program entitled, “Best Business Practices on How to Set Up an Internal Audit System” on Thursday and Friday, May 10 and 11 at the Manila Marriott Hotel, Pasay City, Philippines.

For details and a complete list of seminars including Best Practices for Audit Committees, Best Practices in Corporate Housekeeping, Best Practices on How to Conduct Strategic Planning and Prepare Strategic Action Plans, How to Really Read Financial Statements, Best Practices in Business and Government Protocol, and many more, you may check our website at www.cgbp.org or call Manila lines (+63 2) 842-7148/ 59 & (+63 2) 5568968 / 69, Cebu lines: (+ 63 32) 512-3106 / 07 or Legazpi Line: (+63 52) 736-0148.

This two-day special program is to help those for profit and non-profit organizations, private and public institutions in their capacity to build, set up and maintain an internal audit department. You can start with a person or a team of two to handle this function if you are a start-up or an SME, or a group handling internal audit activity for bigger organizations.

This special program will feature course director and lecturer Mary Jane Rosales, CPA, CIA. She was the president of The Institute of Internal Auditors in the Philippines in 2008. She has helped several organizations to improve their internal audit functions and aligned those with existing ones to the current best practices in internal audit. Many of her initiatives are focused on promoting internal audit as a way to strengthen the performance of many organizations. She obtained her BSBA degree, Major in Accounting from University of the Philippines (1979). While building her career handling controllership and risk management functions at Petron Corp., she earned mastery in accounting, internal audit and risk management.