Learning objectives
- Recognise the purpose of Senior Management Arrangements, Systems and Controls
- Identify how responsibilities are apportioned and recorded
- Know the necessary systems and controls
- Recognise the critical areas of systems and controls
- Explain how the Public Interest Disclosure Act protects whistleblowers
Welcome
What are Senior Management Arrangements Systems & Controls?
Purpose of Senior Management Arrangements, Systems & Controls
Appointment of responsibilities
- Exercise: Apportionment of responsibilities
Recording the apportionment
Systems & controls
General organisational requirements
Critical areas of systems & controls
- Outsourcing
- Exercise: Key areas of systems & controls
Exercise: Systems & controls
- Scenario 2
- Scenario 3
- Scenario 4
- Scenario 5
- Scenario 6
Public Interest Disclosure Act: Whistleblowing
- Managers' responsibility
Summary
Affirmation
Assessment
Economic Sanctions
Violation of sanctions issued by the UN, the US and the EU which place restrictions on payments and other financial transactions can result in fines as well as criminal charges.