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Training for Business Professionals
Defining Where and Why Internal Controls are Needed
Most organizations have many of the basic controls measures required to operate in place. However, a notably percentage of these companies do not have important 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 important 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 strengthen an internal control system should consider this session strongly.
Once participants have completed this session they should be able to:
- 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
This session is taught via the use of case studies adapted from real world examples. These studies are designed to show participants the importance of a complete system of internal control. The topics discussed in this session include:
- Control design basics
- Areas or segments of an enterprise to control
- Controls to reduce risk
- Controls to drive operations
Who Should Attend?
Accounting and other business professionals that would benefit by understanding how to strengthen an internal control system
Area of Study:
Group Internet Based