Internal Controls: Strengthen Security, Efficiency, and Employee Conduct 2024
8.00 Credits
Member Price $299
Non-Member Price $399
Overview
Business leaders often view an internal control system as a security measure. However, a well-designed system can also drive entity objectives. Learn to design a robust and well-supported system, leveraging years of experience and key concepts from authoritative pronouncements and frameworks. Explore strategies to address new business challenges, including evolving markets, rapid changes in business, and increasing governmental and industry-based regulation. This course is for anyone working with internal controls.
Highlights
- An overview of control frameworks and concepts
- Strategy considerations that can be incorporated into control development
- Understanding and controlling risk that arises when organizations change or choose not to
Prerequisites
A basic understanding of internal control concepts.
Designed For
Accounting and business professionals working with Internal Controls.
Objectives
- Identify important components/sub-components of a control system
- Recall important concepts such as "Risk Appetite", "Framing Risk", and "Risk Tolerance"
- Recognize how the control environment can help or hinder the operation of control measures in use at an entity
- Identify important steps that an organization can undertake, specifically related to control development that can drive the direction of the entity
Preparation
None
Leader(s):
Leader Bios
Karl Egnatoff, Phoenix Beach, LLC
Karl W. Egnatoff, CPA, CITP, is based in Myrtle Beach, South Carolina. He has worked as a consultant, trainer and programmer related to financial and business technology projects for the past 18 years. Prior to this, Karl worked in public accounting as well as in private sector accounting for a period of approximately six years. In addition to being a CPA, he is also a Certified Information Technology Professional (CITP).
Non-Member Price $399
Member Price $299