COURSE OVERVIEW

 This practical and highly-interactive course includes reallife case studies and exercises where participants will be engaged in a series of interactive small groups and class workshops. 
Designing and implementing an effective system of internal control is challenging, and adapting to rapidly changing business models, new technologies, or globalization requires that system to be agile. An internal control system requires the use of judgment to monitor and assess its effectiveness, and it must provide insight on the application of controls. The objective is to develop relevant skillset for Audit team to embed the learning from the course into the reviews and other engagements undertaken at ADNOC Distribution to add value to the business processes and influence positive change. The audit team is expected to develop expertise in designing, implementing, and conducting review on an internal control system by:- 
• Understanding the principles-based approach 
• Identifying and analyzing risks 
• Developing confidence in the internal control system It is expected that audit team members develop and enhance relevant skillset to embed the learning from the course into the reviews and other engagements undertaken at ADNOC 

Distribution to add value to the business processes and influence positive change. The team members are expected to begin thinking about the Framework in the context of ADNOC Distribution and cover a variety of undertaken audit review areas around objectives, components of internal control, principles and points of focus, roles and responsibilities, and limitations of internal control.