Defining Where and Why Internal Controls are Needed Webcast
Learn to identify areas where overlooked internal controls are needed, and how to identify and implement them. The skills reviewed in this course will help implement more robust controls.
Most organizations have many of the basic controls measures required to operate in place. However, a notable percentage of these companies do not have essential measures that can help enhance security, productivity, and the quality of information available for decision making. In this session, we work to identify areas where necessary internal control measures are needed. We spend time explaining why these controls should be created and show, in detail some specific controls that would be beneficial if utilized. Those wishing to strengthen an internal control system should consider this session strongly.
- Control design basics
- Areas or segments of an enterprise to control
- Controls to reduce risk
- Controls to drive operations
- List reasons to create controls such as to reduce errors, thwart fraud or enhance efficiency.
- Distinguish between proactively and reactively created measures.
- Identify control type segments such as administrative or operation level measures.
Business and financial professionals.
Applicable if you are a HSCPA member in good standing.
Applicable if you are not a HSCPA member.