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23WX-3509: Understanding and Creating an Internal Control System (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Thursday, February 29, 2024
8:00am - 4:00pm Central Time
8 CPE (8 technical)

Alternate dates & more options

  • Wednesday, April 24, 2024 - Webinar

Successful organizations, both large and small, must understand the importance of effective internal controls and be able to develop a system of controls that will keep the entity on its intended course. Moreover, those that design policies and procedures benefit by knowing why control measures are necessary. This session sets forth internal control concepts and explains the importance of strong internal control policies. The material highlights some of the reasons that measures are needed and it also provides an overview of control creation methods. Finally, it discusses ways to successfully implement the developed policies and procedures. Participants that take this course will gain a well-rounded understanding of internal control procedures of all types. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Major subjects

  • Underlying concepts of internal control
  • Defining where and why controls, policies and procedures are needed
  • Legacy control measures that are still important for businesses today
  • Creating control measures that address the use and protection of technology

Learning objective(s)

  • Distinguish key internal control concepts, including the four types of internal control: preventive, detective, deterrent and compensating
  • Identify ways to create strong internal controls
  • Identify reasons that control measures are required, such as to deter fraud or reduce operational inefficiencies
  • Determine why the control environment is important as implementation efforts are ongoing
  • Apply COSO Framework concepts to three segments of an organization's technology infrastructure that must be controlled

Who should take this program?

Accounting and other business professionals that would like to have an understanding of internal controls for business entities

Fees

Our records indicate you are a nonmember. If you register, you will be charged $239.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $239.00
checkmark Standard Nonmember Fee $239.00

More program information

Instructor Karl Egnatoff, CPA.CITP
Location Online
Area
of study
Accounting & audit
Field(s)
of study
Accounting - Technical (8.0)
Level Intermediate
Format Group Internet Based
Sponsor CPA Crossings, LLC
NASBA ID#: 108744
Prerequisites Prereq. An understanding of Internal Control concepts
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.