Understanding and Implementing Internal Control with Committee of Sponsoring Organizations of the Treadway Commission (COSO)

Program Description

Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control – Integrated Framework (IC-IF) is the widely used internal framework deployed in a number of countries across the globe. It examines how a principles-based approach is utilized to design, implement, and evaluate a system of internal controls. In addition to that, this course discusses the updated Framework implications and presented it to internal auditor as well as individual internal audit activities. Furthermore the training is also aimed to identify opportunities for utilizing the updated Framework for internal audit process and increase value of the assurance and consulting services.

Program Content

  1. Understanding COSO, COSOIC-IF Framework
  2. Comprehending Its Objectives, Goals, Requirements, Functionalities and Processes
  3. Valuing Risk Assessment
  4. Familiarizing Ourselves with Control Environment
  5. Identifying Internal Controls
  6. Mastering Control Activities
  7. Understanding Information and Communications
  8. Monitoring Activities
  9. Appreciating Implications and Opportunities for Internal Audit

Training Methodology

In order for effective learning and full appreciation of the course, the course will be delivered with 30% of the time devoted to important concepts and other theory topics and 70% allotted for hands-on lab exercise, group discussion, presentation and case studies. Training lead will be assisted by presentation slides and actual demonstrations for clear understanding and smooth follow-through during the sessions.

Targeted Participants

Staffs, officers, internal and external auditors, accounting managers, finance managers, governance, risk and compliancesupervisors and managers, controllers, corporate secretaries and those are interested and eager to have deep understanding and know-how to apply COSO IC-IF as well as apply it to assess controls in terms of COSO objectives.


Goutama Bachtiar

A seasoned enterprise technologist and now budding entrepreneur with 14 years of experiences comprises 12 years of training and education,  7 years of strategic partnership, 8 years of IT Audit, 4 years of service delivery, 8 years of writing and courseware, as well as 6+ years of consulting, software development, project management and network administration.

He has been actively serving as ISACA Subject Matter Expert and Exam Developer along with PMI Program Evaluator and Guest Lecturer in top-tier universities for Master and Undergraduate program, both physical and online, in Indonesia and the U.S.

Various strategic positions he has helmed are Vice Chairman and Acting Chairman, Executive Board Member, Co-Founder, Country Channel Manager, Project Lead and Group Leader. Thus far his project engagement involves broad activities of consultancy, training, content, courseware, copywriting, information systems, enterprise application, programs, web development, to translation.

Today he also has written triple digit articles concerning ICT, management and business in a variety of local and foreign, in leading media and companies. His areas of training are IT Audit, IT Project Management, IT Governance, IT Service Management, COBIT, PMBOK, SEO and Social Media.

Companies he has delivered his trainings are UMW Sdn Bhd, Malaysia Securities Commission, SME Bank, PLN, CIMB Niaga, Aero Systems, Newmont Nusa Tenggara, Artha Graha Bank, Artajasa, Prodia Widyahusada, Thiess, Boehringer Ingelheim, Hokinda Citralestari, DPLK, BPD Jabar Banten, Lintas Media Danawa, Cahaya Listrindo and Universitas Krida Wacana.

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