Best practices in financial controls

MANILA, Philippines - The Center for Global Best Practices (CGBP), in collaboration with Isla Lipana/PricewaterhouseCoopers, is holding a one-day seminar entitled “Best Practices in Financial Processes and Controls” on Nov. 26 at Edsa Shangri-La Hotel, Mandaluyong City. Participants in this CPE-accredited program will learn the best practices in how to design and implement financial controls that will safeguard your assets, enhance integrity of financial reports, and protect you from business operational risks. Effective internal controls are crucial to a company’s operations. It is your “regulator” and defense against losses in key areas like procurement, payroll, sales, cash disbursements and other business activities needed to complete a business transaction. Internal controls can “help an entity get to where it wants to go, and avoid pitfalls and surprises along the way”. Main lecturer is Roderick Danao, partner in the assurance division of Isla Lipana/PricewaterhouseCoopers. He is also learning and audit methodology leader of the same firm. For details, visit www.cgbp.org. You may also contact CGBP at (02) 556-8968/69 and (02) 842-7148/59 or email program leader Ivy Enriquez at [email protected].