Internal Control Essentials: Driving Efficiency and Reducing Risk

Internal Control Essentials: Driving Efficiency and Reducing Risk

22 August 2025 (Fri)

Time
0930 –1700

Fee
HK$2,000

Venue
Admiralty/ Wanchai

Language
Cantonese supplemented with English materials

This 1-day workshop delves into the psychology and practical application of motivation in professional settings, emphasizing its pivotal role in driving employee performance and organizational outcomes. Participants will analyze core theories and the role of intrinsic vs. extrinsic rewards, to understand how individual needs and personality types shape workplace behaviors. Participants will evaluate how job design elements (e.g., task variety, feedback mechanisms, and role clarity) impact engagement and satisfaction. Through case studies and actionable strategies, the course equips participants to cultivate a motivated workforce, reduce turnover, and align employee well-being with productivity goals, fostering environments where both individuals and organizations thrive.

Content

  • Definition of internal control
  • Objectives of internal control
  • Internal control systems
  • Risk and internal control basics
  • Committee of Sponsoring Organizations of the Treadway Commission (COSO) internal control framework
  • Control environment
  • Risk assessment
  • Control activities
  • Information and communication
  • Monitoring
  • Internal control assessment
  • Evaluating your work environment and identifying deficiencies
  • Case studies and exercises

Trainer

Dr. Kamsuo Wong
DBA MRPS MA LLM MBA CPA (HK) CPFA (UK) FCPA (Aust.)

Dr. Kamsuo Wong is highly regarded as a multi-faceted academic backed by 20 years of extensive professional experience in accounting and management training.  He is a professional accountant in Hong Kong, United Kingdom and Australia and the member of Hong Kong Institute of Certified Public Accountants (CPA), Chartered Institute of Public Finance and Accountancy (CPFA), and CPA Australia (FCPA).

Dr. Wong is an experienced educator and professional with profound knowledge and expertise in business sector. He is currently the Independent Non-Executive Director of ETS Group Limited (stock code: 8031) and Adjunct Lecturer at a number of universities and tertiary education institutions.  He had also provided various trainings for multinational corporations, NGOs, professional bodies and HKSAR Government in the areas of financial reporting, financial management and management accounting.