Two Day Seminar: Financial & Operational Audit - Sales, Credit Control, Accounts Receivables & Payables, Procurement and Inventory Management

Course Code:
CPE Hours:
Course Start Date:
December 09, 2019
Course End Date:
December 10, 2019
9.00 AM - 5.00 PM
Registration Deadline :
December 02, 2019
Level of course:
All Levels
Tan Boon Yen
Competency areas:
Internal Audit Delivery [IAD]
Course venue:

IIA Singapore Office

Course fee (IIA/ ISACA member):
(Inclusive of GST)
Course fee (non-member):
(Inclusive of GST)
Other Memberships valid for discount:
10% off non-member rate for ISCA and ACCA member
Lunch Provided:
Tea Break:
Course Overview:

This 2-day session is designed and structured to give new auditors a systematic framework to perform financial and operational audits in the business processes: Sales, Credit Control and Receivables; Procurement and Payables and Inventory Management. You will be able to apply COSO framework and integrated audit concepts.

• Auditors with at least one year's experience in internal auditing
• Non-auditors who are responsible for implementing and monitoring effectiveness of business-controls

Course description :

After the session, for the business processes on Sales, Credit Control and Receivables, Procurement and Payables and Inventory Management, you will be able to:
• assess the effectiveness and efficiency of the processes in meeting business and organisation goals
• assess the adequacy and effectiveness of internal controls of the processes to address the financial, operational, compliance and information technology risks
• identify opportunities for improvements in the processes

COSO Internal Control Framework
• Definition of internal controls
• The 5 components & 17 Principles of COSO
• Implications of COSO on Internal Audit and Corporate Governance

Integrated Auditing Approach (IAA)
• Definition of IAA
• Value of IAA in Audit Planning, Evaluation and Test of Controls
• Application Controls and Test Procedures

Areas covered for each business processes:
• Pre-audit assessment
• Key Areas of Audit
• Key Risks and Controls
• Audit Tests
• Some Common Weakness and Recommended Best Practice

Class Exercises and Case Studies are designed to apply the learnings, with various real-life examples of control lapses to be shared.

Ms. Tan Boon Yen is a Senior Director RSM Singapore with extensive experience in governance, risk and consulting work. Boon Yen has conducted and led many financial, operational and compliance audits in listed and multinational groups in various regional industries including container shipping, precision engineering, property, printing and publishing, retail, disk drive and semiconductor manufacturing, trading, distribution, banking, technology, electronics and marine businesses. She also has extensive experience audit projects overseas in countries such as Malaysia, China, Hong Kong, Japan, Taiwan, India, USA, Europe and Australia.

Prior to RSM Singapore, she has worked with Singapore Technologies Pte Ltd, Seagate International, Sembawang Shipyard, TNT Express Worldwide, Neptune Orient Lines and Deloitte.

Boon Yen holds a Bachelor of Accountancy Degree from the National University of Singapore and is a Chartered Accountant of Singapore, a Certified Internal Auditor and also holds a Certification in Risk Management Assurance. Boon Yen is the immediate past President of The Institute of Internal Auditors Singapore (IIAS).line

Payment by PayNow/PayLah! transfer

Make the payment of your registration fees via PayNow/PayLah! transfer by following the steps below:


Make the payment of your registration fees via PayNow/PayLah! transfer by following the steps below:

1. Upon completing your registration, proceed to payment and select the “Cheque/Fund Transfer” option.
2. Login to Internet Banking or Mobile Banking.
3. Scan our corporate PayNow/PayLah! QR code.
4. Verify our UEN number (S76SS0058D) and release funds.
NOTE: Kindly include the details below under the UEN/Bill Reference Number (text limit of up to 25 characters).


5. Once payment is made, please print screen the transaction and email to for our tracking purposes.

Please refer to PayNow and PayLah! for more information.

Group Discount
Register as a group of 4 or more participants for the same course and enjoy a 10% group discount!
Applicable for participants from the same company registered within the same day. Discount will be indicated and processed on a single invoice.

Terms and Conditions
1. Registered participants will be liable for the full fee even in the event of non-attendance.
2. A processing fee of $100 will be imposed for any cancellation. Cancellation must be submitted in writing 7 days prior to the event date and subject to IIAS’s approval. Substitutions will be permitted and conditions will apply.
3. All registrations must "Proceed to Payment" to complete registration. Full payment must be received prior the course commencement.
4. Contact Person will be notified VIA EMAIL upon successful registration of the course.
5. IIAS reserves the right to revise the programme as necessary.
6. IIAS reserves the right to cancel or postpone the training should the minimum class size is not met.


A system generated email will be sent upon successful registration of the mentioned seminar.
Once the course is confirmed, an email confirmation will be sent to the registrants’ contact email addresses 1 week prior to the course commencement date
If you do not receive any email notification regarding your course registrations, please call IIA Academy at 6324 9029

Registration Closed.