Webinar on Strengthening Risk Management Through Robust Internal Controls

Date & Time:
Thursday, 12 February 2026
11:00 AM – 12:15 PM (UAE time)

Overview:
In an environment of increasing regulatory expectations and mandatory audits for JAFZA entities, strong internal controls are no longer optional; they are essential for credible financial reporting, fraud prevention, and sustainable growth. This session will connect international best practices such as the COSO Internal Control Framework and ISO 31000 Risk Management Standard with pragmatic, scalable controls that work in real businesses.

Key Highlights

• COSO Internal Controls and Risk Framework: Understanding the five components—control environment, risk assessment, control activities, information and communication, and monitoring—and how they apply to your organization.
• ISO 31000 Risk Framework: How its principles, framework, and process support structured, integrated risk management across your enterprise.
• Designing practical internal controls: Scalable approaches suitable for SMEs and larger JAFZA-based entities, linking risk assessment to control design and documentation.
• Common control failures: Real-world issues in procurement, inventory, payroll, and revenue cycles, and how better segregation of duties, approvals, reconciliations, and monitoring can address them.
• Aligning with COSO without over-engineering: Keeping controls risk-based, proportionate, and aligned with business objectives rather than creating unnecessary bureaucracy.
• Role in fraud prevention and error detection: How well-designed internal controls deter misconduct, detect anomalies early, and support a culture of integrity.
• Link to external audit outcomes: How stronger internal controls reduce audit findings, support smoother JAFZA audits, and demonstrate compliance and transparency to regulators and stakeholders.

Key Takeaways

By the end of the session, participants will gain:

• A clear understanding of COSO and ISO 31000 risk and internal control frameworks, and how they complement each other.
• Practical ideas for designing scalable internal controls for SMEs and larger JAFZA entities, aligned with real operational risks.
• Awareness of common control gaps across key business cycles and actionable steps to remediate them.
• Insight on aligning controls with COSO principles without over-engineering the control environment.
• A sharper view of how internal controls drive fraud prevention, error detection, and improved external audit outcomes.

Who can attend?

Decision Makers in the industry including CMA, ACCA, CA professionals, CFOs, Finance Managers, Internal Audit, Compliance, JAFZA license holders

Click to register: https://forms.gle/vbNsTPeteJkhqush6

Speaker:

Rajeev Nanda is a senior Internal Audit and Governance, Risk & Compliance professional at Crowe UAE, serving in a partner-level leadership role focused on internal audit and GRC services. He has worked in a big 4 audit firm, a bank, an investment banking firm and an Assets Management firm. He is a fellow member of the Institute of Chartered Accountants of India and holds a bachelor’s and a master’s degree in commerce and accounting. Rajeev Nanda | Crowe UAE

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