AFI113Practical Guide to Auditing China-based Venture


This course aims to provides guide in internal auditing of overseas venture in China.


Course Fee SGD 580
Course Duration 1 Day
Course Timing 9:00am - 5:00pm
Course Venue M Hotel or similar
SDF Approved Yes (CRS-N-0050970)
Skills Future Credit Yes (Up to SGD350)
Upcoming Courses

China opened its doors to foreign investment in the 1980s under the leadership of Deng Xiaoping. Many company have since venture in to China to set up plants and officers. As in any overseas ventures, various compliance and control risks are facing the China-based ventures. Due to cultural and business practice differences, the internal auditor will need to have deeper and thorough understanding of local practices to be effective in identifying the risks.

On completion of this program participants will

  • Acquire basic understanding of business environment in China
  • Gain knowledge on doing effective internal auditing for venture in China
  • Able to manage the audit projects in China
  • Confident in communicating and managing auditee in China

1. Challenges of Doing businesses in China

2. Understand the compliance landscape and internal control environment in China

3. Common Red Flags of internal control gaps for your ventures

  • Company stamps misuse and fabrication
  • Fictitious invoices, documents and certificates
  • Digitized processes in Order to Cash and Purchase to Pay
  • Contracting and outsourcing
  • Inventory and Warehouse

4. Risk to be managed for China-based venture

  • Fraud, corruption and bribery
  • Statutory compliance
  • Human resource, payroll and employee dismissal
  • Asset safety, environment and fire
  • Information Technology and data protection

5. Area of focus for fraud prevention for venture in China

6. Best practices of building good control environment

  • Code of conduct
  • Whistleblowing program
  • Risk control matrix

7. Developing and Managing internal auditor in China-based venture

  • Hiring
  • Managing
  • Training

8. Managing with management in China-based venture

  • Relationship
  • Game theory

9. Managing language and cultural barrier

  • Forensic auditor, compliance officer and loss prevention officer
  • CFO, financial controllers, accountant, finance professional,
  • Internal auditors, audit manager, audit directors, internal control officer
  • Procurement and HR professional who involve in forensic and investigative work
  • External auditors

Presentation, group discussion, case study. Multimedia and template sharing

Kent Hoh

Kent Hoh

Kent Hoh is a prolific trainer in audit, fraud investigation, corporate governance, personal effectiveness, blockchain technology and big data. He has over 20 years’ experience in leading internal audit and forensic investigation functions of MNC in the region and globally. Kent Hoh has also spearheaded several roles in financial management, compliance and corporate governance of technology company. Kent has conducted numerous audit and investigation projects in Americas, Asia and Europe including Singapore, Indonesia, Malaysia, Thailand, India, Pakistan, China, Japan, Australia, New Zealand, Brazil, Hungary, Poland, Italy, Germany, USA, etc. Some of these projects involved hundreds of million dollars fraud scheme and syndicated crimes.

Kent holds a master’s degree in business Admin (MBA), Graduate Diploma in Business, Bachelor of Law (Hons), and a Bachelor of Accounting (Hons). Kent Hoh is also a Certified Fraud Examiner (CFE) and Certified Internal Auditor (CIA). He possesses the qualifications of the UK Chartered Secretary and Administrator (ICSA), Malaysian Institute of Certified Public Accountants (MICPA), Certified Information System Auditor (CISA) and Certified Bitcoin Expert (CBIE).

Kent Hoh has been an active trainer for large corporations, SME and non-profit-organizations such as Institute of Internal Audit (IIA) Singapore, IIA Malaysia, Institute of Singapore Chartered Accountants, Malaysia Institute of Accountants, China IIA, China Enterprise Anti-fraud Alliance, Enterprise Financial Management Association of China. Kent Hoh is also an adjunct lecturer for universities and college in Singapore, Shanghai, Nanjing and Hangzhou, China. As an enthusiast in cryptocurrency and a bitcoin mining farm investor, Kent researched heavily into this revolutionized Blockchain technology. He teaches fundamental blockchain and cryptocurrency at various institutions in China.

Currently, Kent Hoh serves as the Vice President of Internal Audit in an SGX listed company. As a strong believer that knowledge sharing create synergy, Kent is very passionate in sharing his experience. He capitalizes his free time conducting training classes and workshops.

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