Date: Feb. 15, 2024
Time: 8 a.m. – 3:30 p.m. PT
Successful organizations understand the importance of effective internal controls and develop a system to stay on the intended course. Those who design policies and procedures benefit by knowing why control measures are necessary. First, examine critical concepts and the importance of strong internal control policies. Next, look at why standards are needed and control creation methods. Finally, discuss strategies to implement policies and procedures.
Closed Captioning Available
CPAs, accounting and business professionals.
A basic understanding of Internal Control concepts.
Recognize key internal control concepts, including the four types of internal control: preventive, detective, deterrent and compensating
Explain how they would create strong internal controls
List reasons that control measures are required such as to deter fraud or reduce operational inefficiencies.
Explain the importance of the control environment as implementation efforts are ongoing
List three segments of an organizations technology infrastructure that must be controlled
This course was recorded on 5/10/2023 The instructor will be available via the chat feature to answer questions during the presentation.