Best Practices in Implementing Sustainable Internal Controls
- 2 Full Days, 14 Hours -
[14-15 August 2025 ]
-St Giles Boulevard Hotel Kuala Lumpur -
- Assist an organisation to protect itself from misuse
- Protect organisation from lost of it assets
- Help organisation to manage it assets in more effective and efficient manner
- Help alert management to potential problem
- Reducing the probability of unnecessary financial lost
- Prevent Operational or Regulatory Non-Compliance Issue
- Unexplained or significant deviations from established policies, procedures or guidelines
- Inconsistencies or anomalies in financial records, such as missing or altered data, unexplained adjustments or unusual patterns of transaction
- Excessive or unauthorized access to sensitive information or systems
- Conflict of Interests including relationships or financial interests that may compromise objectivity or decision making
- Unusual or unexplained employee behavior such as excessive overtime, unauthorized access to restricted areas, or changes in work habits.
(COSO Framework)
- Control Environment
- Risk Assessment
- Control Activities
- Information and Communication
- Monitoring Activities
- INTERPRET Fundamental and Important Internal Controls
- IDENTIFY The Importance and Limitations of Internal Controls
- LEARN about the Ten (10) Most Commonly Implemented Control Activities to Manage Potential Operational and Financial Risks
- IDENTIFY The Key Risks Areas of Procurement, Payment Revenue, Receipt, Inventory and Fixed Assets Management Processes
- IDENTIFY The Five (5) Components of Internal Controls
- DISCOVER The Components Of An Effective Control Environment
Hundreds of hours of research, study, planning and fine tuning go into the production of each of our trainings. Our course developers have looked at your industry’s needs. This course reflects the latest findings and best practices in your field today and addresses issues up-to-the-minute. You will get tools, tips, strategies that are proven and tested against real world situations as you learn from case studies and the experience of our expert trainers. Our trainings are comprehensive, in-depth, and packed with need-to-know information you can use as soon as you return to your workplace.
CUSTOMISED: During the programme, we continuously Collect Feedback from participants to fine-tune the Design and Delivery of training.
ACTIVE: The core of the workshop is a series of Relevant, Authentic, and Engaging 2-Way Communication with Quizzes at the end of each session.
ACCELERATED: Our Trainer keeps the participants totally Absorbed with a unique blend of Expert Presentations, Reflective Discussions, and Creative Activities.
FUNCTIONAL: Our Trainer Walks the Talk. Just by watching our trainer in action, the participants will pick up several effective techniques.
AUTHORITATIVE: Our Trainer teaches based on Sound Theory, Evidence-Based Principles, and Solid Experience.
PRACTICAL: Our Trainer has spent decades in organisational firing lines. Our trainer empowers the participants with Realistic Tools and Techniques for Immediate Use in today's workplace.
ENGAGING: Our Trainer’s Contagious Enthusiasm, Inclusive Humor, and Flexibility make the participants enjoy every moment of the workshop.
Ms. Sylvia Lim is the Founder and Managing Director of Excellence Link Associates, specialising in coaching, consulting and training on business risk management and fraud awareness. Sylvia has worked with the Big Four accounting firms, multinational corporations and local companies in Hong Kong and Singapore.
During her career with the Big Four accounting firms, Sylvia has conducted various training programs on corporate governance, internal controls and anti-fraud to the directors of companies listed in Hong Kong. Sylvia has also been extensively involved in risk management, internal control, internal audit and Sarbanes-Oxley compliance projects in Asia Pacific.
She has also conducted numerous training in Malaysia. Delegates are from Bank Negara Malaysia, KWSP, Pos Malaysia, MISC Berhad, RISDA, Suruhanjaya Syarikat Malaysia, Theme Attraction Resorts, Bank Rakyat, Bintulu Development Authority, KUB Malaysia, Cyberview, Maxis Broadband, Telekom Malaysia, Tenaga Nasional Berhad, CCM Berhad and etc.
Having managed business risks projects in a wide range of industries which include consumer products, hospitality, manufacturing and retail in Asia Pacific for over ten years, Sylvia is able to share relevant and insightful Asia’s business risks and controls knowledge and experiences with her training participants. Her interactive training sessions are filled with group discussions and activities to enable her participants to acquire the relevant knowledge and skills for practical application at their organisations.
Graduated with an Accountancy degree (Honours) from Nanyang Technological University, Sylvia is a Certified Internal Auditor of the Institute of Internal Auditors and Certified Fraud Examiner of the Association of Certified Fraud Examiners. Sylvia is also an Associate Trainer with the Institute of Internal Auditors Singapore.
- Top Management who are responsible for designing and implementing internal controls
- Finance and accounting professionals who are serving as as independent gatekeepers
- Internal auditors who are assessing the effectiveness of internal control
- Risk managers who play a part in recommending internal controls to manage risks
- Compliance officers or managers who help the different business functions to comply with internal controls and relevant regulations
- Managers and staff who have the interests of their company at heart and anyone who plays part in executing internal controls
Agrobank, Bank Islam, Bank Rakyat, Bank Negara Malaysia, Bank Simpanan Nasional, Boustead Heavy Industries Corporation, Bursa Malaysia, Credit Guarantee Corporation, Dewan Bandaraya Kuching Utara, EXIM Bank, Faber Group Berhad, Lembaga Tabung Haji, Malaysia Marine and Heavy Engineering, Maybank, Maybank Investment, MIMOS Berhad, MNRB Holdings Berhad, Petronas Gas Berhad, Petronas Penapisan Melaka, Permodalan Nasional Berhad, Sarawak Plantation Berhad, Swinburne University, Syarikat SESCO Berhad, Tabung Amanah Pekerja Brunei, Telekom Malaysia Berhad, Tenaga Nasional Berhad, Texas Instruments and many more.
