How to implement effective business controls

MANILA, Philippines - Fake financial transactions, embezzlements, fraud and theft are some of the most rampant and leading causes of losses and business failures due to weak and ineffective internal controls. To help companies address these challenges, the Center for Global Best Practices’ is having a rerun of its pioneering seminar titled, “Best Practices in Implementing Effective Business Controls,” on Dec. 1 and 2, 2016 at the EDSA Shangri-La Hotel,Mandaluyong City.

In this two-day seminar, learn the best practices on how to design and implement controls that will safeguard assets, enhance integrity of financial reports, and protect from business operational risks. Discussions will include best practices framework on financial processes and controls, operational policies, and business examples.

This training program will be led by course director and lecturer, Mary Jane Rosales, a senior partner of Domingo, Rosales and Associates. She has over 14 years in internal audit and risk management experiences and 22 years in accounting/controllership experiences including her stint with Petron Corp.’s Controllers Department, Internal Audit Department and Refinery Finance Division and various engagements in private and publicly-listed companies and government agencies and local government units, after early retirement from Petron. This will also feature Susan Domingo, the managing partner of Domingo, Rosales and Associates. Her professional skills and competencies were honed from her previous senior management positions in large manufacturing and multinational companies such as Philip Morris Inc., Kraft Foods Phils. Inc. (now Mondelez), Del Monte Philippine Packing Corp. and Roxas & Co. / Central Azucarera Don Pedro. She was formerly the VP- Audit and Compliance of International Container Terminal Services Inc. where she worked for 11 years.

Interested participants are encouragedto avail of the early bird discount available until Nov. 21 and group discount for three or more participants. Seats are limited and pre-registration is required.

For details and a complete list of best practices seminars including How to Set Up an Internal Audit System, Best Practices for Audit Committees, Best Practices in IT Governance, and more, log on to www.cgbp.org or call (+63 2) 842-7148/ 59 and 556-8968/ 69, Cebu lines: (+63 32) 512-3106 or 07, Baguio line: (+63 74) 423-5148 or Legazpi line: (+63 52) 736-0148.