This course is managed and designed specifically by Heather Lawlor.
Not only the quality of our lecturers and the fact that the material is written by the foremost industry professionals, but also the way we present the courses, ensures the optimal opportunity for the acquisition of both theoretical and practical aspects of the leaning outcomes of the course.
Role and function of the Board, risk management, responsibility for risk management, risk to the control environment, internal Audit, role of internal Audit.
Are we FICA compliant? Is it a once off and then we can forget about it? Penalties, how can we ensure ongoing compliance?
Governance of credit transactions leases and agreements, interest calculations and conditions.
Rules governing access to confidential information, guidelines to access to information, information freely available, process to follow, prevention of litigation.
Role of technology in areas of risk, risk control, necessity of password controls and authority levels, accuracy of data capture and Input levels.
Importance of risk management, where does your risk lie, how to contain risk, levels of risk, and risk maintenance.
How does one safeguard against the correct credit vetting process, who and when does the vetting process start and end, at which level does the Approval get granted, are mandatory levels necessary, what should the mandate levels be?
Staff our greatest asset, how can we prevent our greatest asset from defrauding us: Checks and balances, Contracts to be in place.
Overview of Balance sheets, Trial balance, cash flow documents, ensures the understanding of these documents, the importance thereof, Ratio analysis.
Analysis statistical data: comparison of one companies statistics to another, industry norms and comparisons: results to budgets: productivity levels, quality and service levels: collection results, cost of credit levels. Other statistical data.