Internal audit and risk management - 232 - 2ème année de Master

Ects : 3

Enseignant responsable :
PENELOPE VAN DEN BUSSCHE

Volume horaire : 21

Description du contenu de l'enseignement :

Management congtrol in private firms. Liink with risk Management

Understand the evolution of the IS-related competitive and strategic context of organizations; Understand the opportunities of IS and information management for organizations; Form critical thinking about digital transformation opportunities and its relevance for corporate strategy; Understand how IS can be leveraged in order to contribute to an organization’s competitive advantage

Coefficient : 1

Compétences à acquérir :

To be able to implement and to revise a management contro systems avoiding any risk associated to them.

To be able to audit a managemen control system.

To monitor risk with indicators

Ects : 3

Enseignant responsable :
BEATRICE MICHEL

Volume horaire : 21

Description du contenu de l'enseignement :

Part 1 : Key issues facing the Bank and the economy

• Role of banks
• Banks and monetary policy
• Systemic risks
• Specificities of bank governance

Part 2 : The key risks of the banks

• Liquidity, interest rate, credit, market and operational risk

Part 3 : Prudential requirements

• From Basel I to basel III

Part 4 : Risk management and internal control

Risk organisation

Key points of internal control matters

(students will analyse banks reports throughout the course to illustrate each key concept)

Coefficient : 1

Compétences à acquérir :

To facilitate understanding of the structure of banks in the economy (Including Russian environment )

To have a better appreciation of overall balance of banks

Mode de contrôle des connaissances :

Practical case and final exams

Bibliographie-lectures recommandées

Risk management in banking - J. BESSIS - Ed. John Wiley& Sons; 3rd Edition (11 décembre 2009)

Ects : 3

Enseignant responsable :
CHRISTOPHE PAUTET

Volume horaire : 21

Coefficient : 1

Ects : 3

Enseignant responsable :
CEDRIC BOURGEOIS

Volume horaire : 21

Description du contenu de l'enseignement :

Risk Management& Integrity Risk

Students will learn the main theoretical and practical concepts about integrity risks in organisations. These risks encompass fraud, regulatory compliance breaches and harassment in the workplace. Students will be able to understand the context of deviant behaviors and how to detect, prevent and respond to integrity risks in a corporate environment.

Coefficient : 1

Compétences à acquérir :

Analytical skills applied to organizations to identify drivers of breaches of policies and social and regulatory norms.

Ects : 3

Enseignant responsable :
ARNAUD RAYNOUARD

Volume horaire : 21

Description du contenu de l'enseignement :

Legal strategy

How to introduce international legal concepts and rules in a strategy.

Coefficient : 1

Ects : 3

Description du contenu de l'enseignement :

Financial legal audit

Students wil be able to implement tehrotical audit concepts in legal audit process. They will understand the difference of audit approach (substential vs risk mbased) in international and russain context.

Coefficient : 1

Compétences à acquérir :

To be able to implement a financial audit

Ects : 3

Enseignant responsable :
PENELOPE VAN DEN BUSSCHE

Description du contenu de l'enseignement :

International transactions

Taxation

International rules

How to introduce international legal concepts and rules in a strategy. How to avoid risk of multiple taxation in internatiol transactions.

Coefficient : 1

Compétences à acquérir :

To be able to implement a international taxation system

Ects : 3

Enseignant responsable :
Georges CHAPPOTTEAU

Volume horaire : 21

Description du contenu de l'enseignement :

Financial risk / operational risk

Corporate finance

How risk management, investment risks impact fiancial statements. How to detect in financial statements financial risks and operational risks before M&A.

Coefficient : 1

Ects : 6

Enseignant responsable :
MARINA PUCHKOVA

Description du contenu de l'enseignement :

Courses in French or Russian

Coefficient : 1

Compétences à acquérir :

To be able to understand French or Russian

Ects : 3

Enseignant responsable :
CHRISTIAN LAVEAU

Volume horaire : 21

Description du contenu de l'enseignement :

Internal audit

Risk management

Students will be able to link internal, risk management, internal control. They will be able to plan and run internal audit. They will be able to apply the main principals promoted by international norms.

Coefficient : 1

Ects : 3

Enseignant responsable :
ANTHONY HUSSENOT

Volume horaire : 21

Description du contenu de l'enseignement :

Project

Uncetainety management

The core of a project is uncertainty. Students woill be able to build a risk management system in project situation.

Coefficient : 1

Ects : 3

Enseignant responsable :
DIDIER BENSADON

Volume horaire : 21

Description du contenu de l'enseignement :

Chapter 1: Business combinations and financial consolidated statements

A) Business combinations : An historical perspective

B) Why business combinations?

C) Reasons for subsidiary companies

D) Types of business combinations

E) Definition of consolidated financial statements

F) Classes of users

G) Consolidated financial statements concepts’

H) Reglementation of consolidated financial statements

Chapter 2: The scope of consolidation

A) Control (IFRS 10)

B) Significant influence (IAS 28)

C) Joint control (IFRS 11)

Chapter 3: Methods of consolidation

A) Full consolidation

B) Equity method

C) Proportionate consolidation

Chapter 4: Elimination of intercompany trading, unrealized profits and reconciliation of inter company balances

A) Reconciliation for depreciation

B) Reconciliation for finance lease (IAS 17)

C) Elimination of inter company trading

D) Elimination of unrealized profits

Chapter 5: Goodwill in consolidated financial statements: IFRS 3

A) Economical approach

B) Accounting approach

C) Analyse of the goodwill

D) Treatments and reflex ion about the goodwill

Chapter 6 :

Audits of group financial statements

A) Group-wide Controls

B) Consolidation Process

C) Matters relating to the consolidation process

D) Matters relating to consolidation adjustments

Coefficient : 1

Pré-requis obligatoire :

Financial accounting

Compétences à acquérir :

Focus on IFRS concerning consolidated financial statements

Analyse risks in the process of consolidated financial statements

Interpretation of International Standard Audit (600) on consolidated financial statements

Bibliographie-lectures recommandées

Beckman Judy K. “The Economic Unit Approach to Consolidated Financial Statements: Support From the Financial Economics Literature”,

Journal of Accounting Literature, 1995, volume 14, number 1, pp. 1-23.

Bensadon Didier and Praquin Nicolas (Editors)

IFRS in a global world : international and critical perspectives on accounting", Berling, Springer, 2016.

Bensadon D, « La frontière comptable du groupe : Evolution de concept de périmètre de consolidation des comptes en France 1965-1985 »,

Entreprises et Histoire, n°45, novembre 2005, pp 45-56

Casabona P-A & Ashwal A, “The concept of control in consolidated financial statements : convergence of US and international accounting rules”,

Review of business, spring 2005, volume 26, number 2, pp. 36-42.

Gray S-J. & Needles Belverd E,

Financial Accounting: A Global Approach, Houghton Mifflin Company, Boston, 2019.

IASB, International Accounting Standard, IFRS 10, Consolidated and separate financial statements

IASB, International Accounting Standards, n° 28, Investments in associates

IASB, International Accounting Standards, IFRS 11, Interest in joint ventures

IASB, International Accounting Standards, IFRS n°3, Business combinations.

Leo K., Hoggett J., Sweeting J., and Radford J.,

Company Accounting, 6 th edition, Wiley, 2018.

Mfandaidza R-H,

Consolidated financial statements : An international perspective, Juta Academic, 2020

Whittred G., “The Derived Demand for Consolidated Financial Reporting”,

Journal of Accounting and Economics, 1987, volume 9, number 3, pp. 259-285.

Ects : 3

Enseignant responsable :
KARIMA BROCHE DERRADJI

Volume horaire : 21

Description du contenu de l'enseignement :

Governance

Corporate sociam responsibility

Studentswill learn the main concepts and dimentsions of Corporate social reposnability. They will be able to define and evaluate risks of the firms if they don't adress it. And they will be able to understand the risk to adress CSR too.

Coefficient : 1

Ects : 12

Enseignant responsable :
PENELOPE VAN DEN BUSSCHE

Description du contenu de l'enseignement :

Intership in a company

Compétences à acquérir :

To be able to join a company

Ects : 3

Enseignant responsable :
PENELOPE VAN DEN BUSSCHE

Volume horaire : 3

Description du contenu de l'enseignement :

Oral exam on all the topics of the program.

Coefficient : 1

Compétences à acquérir :

To be able to argument

Ects : 3

Enseignant responsable :
PENELOPE VAN DEN BUSSCHE

Volume horaire : 3

Description du contenu de l'enseignement :

Master Thesis and defense

Desinging and writing a mster thesis in a research way : research question, litterature review, design, results, discussion.

Coefficient : 1

Compétences à acquérir :

To write a master thesis