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Practical Application of ChatGPT in Risk Management and Internal Audit

  • Analytics & Tech
  • Artificial Intelligence
  • Innovation & Business Improvement
Next Intake: 6 Aug 2025 (Wed)
  • Basic
  • SkillsFuture
  • Short Courses

This programme is conducted on-campus.

Next course starts on
6 Aug 2025 (Wed) See Full Schedule
Fee
SGD1,090* (as low as SGD127 after maximum funding) Learn More
Duration

1 day

Weekday (9am - 6pm)

Level
Basic
Venue

Singapore Management University

Who Should Attend

Risk management and internal audit professionals or people who are interested to use ChatGPT to help them in risk management or internal audit-related work.
 

PREREQUISITES

  • Participants should have at least 2 years of working experience in Risk Management

Overview

This one-day Practical Application of ChatGPT in Risk Management and Internal Audit training programme offers participants a condensed yet comprehensive exploration of using ChatGPT, an advanced language model, to enhance risk management and internal audit processes.

Through a dynamic learning environment featuring interactive discussions, case studies, and practical exercises, participants will acquire the knowledge and skills necessary to seamlessly integrate ChatGPT into their risk management and internal audit functions, improving overall work effectiveness and efficiency.

Learning Objectives

At the end of the 1-day programme, participants will be able to:

  • Understand the fundamentals of ChatGPT technology and its potential applications in risk management and internal audit
  • Explore the benefits and limitations of using ChatGPT in risk management and internal audit processes
  • Understand the ethical considerations and challenges associated with using ChatGPT in risk management and internal audit
  • Integrate ChatGPT into risk identification and assessment activities to enhance decision-making
  • Discover techniques for leveraging ChatGPT in risk mitigation, control design, and internal audit
  • Learn practical techniques to effectively communicate and document ChatGPT-generated outputs to stakeholders

Topic/Structure

  • Fundamentals of ChatGPT
  • Benefits and limitations of ChatGPT
  • Ethical considerations when using ChatGPT
  • Integration of ChatGPT into risk identification and assessment
  • Leverage on ChatGPT for risk mitigation, control design and internal audit documentation

Assessment

  • Multiple Choice Questions


CERTIFICATION

Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.

Calculate Programme Fee

Click here for more infomation about SkillsFuture Credits (Not applicable for Company-sponsored participants)
For PSEA - Available only for Singapore Citizen below 31 (Not applicable for Company-sponsored participants)

Total Program Fee: SGD0.00

Fee Table

COMPANY-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$327

(After SSG Funding 70%)

$127

(After SSG Funding 70%
+ ETSS Funding 20%)

$327

(After SSG Funding 70%)

Singapore Citizen ≥ 40 years old

$127

(After SSG Funding 70%
+ MCES Funding 20%)

$127

(After SSG Funding 70%
+ ETSS Funding 20%)

$127

(After SSG Funding 70%
+ MCES Funding 20%)

International Participant

$1,090

(No Funding)

$1,090

(No Funding)

$1,090

(No Funding)

All prices include 9% GST

Please note that the programme fees are subject to change without prior notice.

Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.

Self Sponsored

SkillsFuture Credit

Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.

This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.

Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).

Workfare Skills Support Scheme

From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.

Company Sponsored

Enhanced Training Support for SMEs (ETSS)

  • Organisation must be registered or incorporated in Singapore
  • Employment size of not more than 200 or with annual sales turnover of not more than $100 million
  • Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
  • Trainees must be Singapore Citizens or Singapore Permanent Residents
  • Trainees must not be a full-time national serviceman
  • Trainees are eligible for ETSS funding only if their company's SME status is approved prior to the course commencement date. To verify your SME's status, please click here. 

Please click here for more information on ETSS.

Absentee Payroll

Companies who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:

AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)

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Trainers

Sylvia Lim
Founder and Managing Director
Excellence Link Associates and Corporate Risk Strategists
Sylvia Lim
Founder and Managing Director
Excellence Link Associates and Corporate Risk Strategists
Sylvia is the Founder and Managing Director of Excellence Link Associates and Corporate Risk Strategists, specialising in coaching, consulting, and training on business risk management and fraud prevention. With over 15 years of experience, she has worked with Big Four accounting firms, multinational corporations, and local companies in Hong Kong, China, and Singapore. Sylvia is extensively involved in risk management, internal control, and internal audit advisory projects in Asia Pacific, and has conducted anti-corruption and anti-fraud training programs for corporate clients. She holds an Accountancy degree (Honours) from NTU, along with certifications in Risk Management Assurance, Internal Audit, and Fraud Examination. Sylvia's expertise is showcased in her published article "Procurement Fraud: 12 Common Pitfalls" in the Internal Auditor Online Magazine (February 2021).

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