NATIONAL COLLEGE OF BUSINESS AND ARTS

GRADUATE STUDIES
Master in Business Administration
Cubao Campus, Quezon City

Rianne Karisa V. Lumabao Managerial Accounting

2019-10323 DR. Daquigan

Session 2: Internal Audit Function & Controller’s Role in Investor Relation

A. Internal Audit Function

a. Internal Audit Definition
b. Internal Audit Objectives &
Activities
c. Internal Audit Function
d. Internal Audit Process
B. Controller’s Role in Investor Relation
a. Definition of Control
b. Definition of Investor Role
c. Objective of Controller’s Role
d. Role of Controller

A. INTERNAL AUDIT FUNCTION

a. Definition: Is the evaluation of management controls and operations
performance and the determination of the degree of compliance with laws,
regulations, managerial policies, accountability measures, ethical
standards and contractual obligations.
It involves the appraisal of the plan of organization and all the coordinate
methods and measures to recommend courses of action on all matters
relating to management control and operations audit is an independent,
objective assurance and consulting activity designed to add value and
improve an organization’s operations.
 NATIONAL COLLEGE OF BUSINESS AND ARTS
GRADUATE STUDIES
Master in Business Administration
Cubao Campus, Quezon City

b. Internal Audit Function Objective and Activities

 Monitoring
 Examining
 Reviewing
 Risk management
 Governance
c. Internal Audit Function
 Verifying
 Evaluating
 Recommendation
 Assessment
 Reviewing
 Investigation

B. CONTROLLERS ROLE IN INVESTOR RELATION

a. Definition:

Control – a group or individual used as a standard of comparison for checking the

results of a survey or experiment.
Investor’s Role - To provide company’s information to investors to help them
make informed buy and sell decisions.

b. Objective
 To provide company’s information to investors to help them make informed
buy and sell decisions.
 To enhance shareholder value.
c. Communication Vehicles for Investor’s Relation
 Methods to communicate investor related messages.
 Corporate announcement of special interest to investors.
d. Information Needs of the Financial Analyst
 Management Presentations
 NATIONAL COLLEGE OF BUSINESS AND ARTS
GRADUATE STUDIES
Master in Business Administration
Cubao Campus, Quezon City

 Company and Industry comparison analysis

 Quarterly and Annual reports
e. Role of the Controller and Other Principals
 Controller
 Chief Financial Officer
 Corporate Executive Officer
f. Steps to get Investor Attention:
a. Prepare Pitch
b. Provide Contact
c. Usage of Graphic
d. Highlight Important Issue
e. Neat and Nice Layout Style