Glossary
Internal control: the moves that secure an organisation
Internal control is the set of arrangements that make an operation reliable: segregation of duties, authorisation, traceability, reconciliation. It acts before any audit, every day. A solid arrangement is recognised by its ability to surface a gap early.
The arrangement that acts daily
Internal control gathers the procedures that secure an operation before it takes effect: whoever orders is not whoever pays, every commitment carries an identified authorisation, every entry leaves a trace, and balances are periodically reconciled against an independent source. A solid arrangement is recognised by its ability to surface an anomaly early.
- Segregation of duties: ordering, authorising, paying, recording
- Every commitment carries an identified authorisation
- Periodic reconciliations surface discrepancies early
The four basic principles
The Finance and OHADA Compliance certificate has candidates build a complete arrangement over a purchasing cycle: request, approval, receipt, invoice, payment. The Business Law and OHADA Compliance programme illuminates the legal side, with delegations of authority and how they are formalised.
Segregation of duties
Ordering, authorising, paying and recording belong to different people: the most effective principle in the arrangement.
Authorisation
Every commitment carries the name of whoever approved it, within the limit of a written delegation.
Traceability
A transaction can be reconstructed end to end, document by document, even two years later.
Reconciliation
Balances are periodically held against an independent source: bank, stock count, supplier statement.
Programmes that put it in place
2 catalogue programmes put “Internal control” to work: 198 credits and 1980 taught hours in total. The official rule holds throughout — one credit stands for 25 hours of work, 10 of them taught. Every line below is recomputed from the programme page: level, duration, credits, taught volume and fees in Guinean francs appear exactly as filed in the official catalogue.
| Programme | Level | Duration | Volume | Fees |
|---|---|---|---|---|
| Certificate in OHADA Finance and Compliance | Professional certification | 6 months | 18 credits · 180 taught hours | 4 200 000 GNF in total |
| Business Law and OHADA Compliance | Bachelor's degree | 3 years | 180 credits · 1800 taught hours | 5 200 000 GNF per year |
Explore next
- AuditAudit: preparation, documentary review, field observation, report and action plan, in IHETC compliance and safety programmes.
- ComplianceCorporate compliance: mapping obligations, procedures, retained evidence and steering, in IHETC legal and financial programmes.
- Anti-money launderingAnti-money laundering: client identification, source of funds, transaction monitoring and suspicious activity reporting, in IHETC programmes.
- IncotermsIncoterms in international trade: cost sharing, risk transfer, associated documents and the IHETC programmes that practise them.
- Supply chainSupply chain: links, steering indicators, inventory and lead time management, in IHETC management and project programmes.
- Requirements specificationRequirements specification: need, scope, constraints, acceptance criteria and sign-off arrangements, in IHETC digital and project programmes.