Implementing and Maintaining an Internal Control System Webcast | 4203592A STARTS AT 6:30 AM PDT
An overview of control creation methods and strategies to implement policies and procedures successfully.
Many organizations successfully create a system of internal controls. However, some fail to implement established measures correctly. Moreover, entities neglect the critical process of testing, monitoring and updating control procedures, weakening the entire internal control structure.
Receive an array of control maintenance checklists adaptable to your organization to improve policies and procedures. Grasp the need for dynamic, fluid controls that adapt to changes in business tools and methods. Gain a strengthened ability to implement and maintain an internal control system.
Considerations for the maintenance of an internal control system
The types of policies and procedures organizations should utilize
Reviewing and testing control measures
Updating controls and implementing control changes
Understand the steps needed to implement a developed system of internal controls.
Build control measure schedules that function weekly, monthly, quarterly and yearly, and that are designed to test and monitor the internal control structure of an organization.
Show knowledge related to testing control measures to make sure they are working properly.
Understand the need to update existing controls to keep them viable as business operations change.
List methods that can be used to communicate policy and procedure changes to those that are affected by these changes.
Accounting and business professionals.
Applicable if you are a HSCPA member in good standing.
Applicable if you are not a HSCPA member.