Defective Compensation Systems: When Bonuses and Incentives Go Bad Webinar

At the conclusion attendees will be able to recognize  the operational, financial and audit risks caused by defective compensation systems.
Highlights

Using real cases, learn how several typical compensation systems cause employees and management to behave in a manner that has an adverse effect on the entity's best interest, resulting in control, financial reporting and auditing risks.

• Government risk - Policing for profit
• Industry risk - Trucking companies
• Company risk - Domino’s
• Regulatory risk - First Energy Davis-Bessie Power Plant
• Healthcare - Discharging patients to maximize profits
• Nonprofits - Rewards based on outputs vs. inputs
• Schools - Perverse incentives compel teachers to cheat
• BONUS - Maximize profits - How to transform goal incongruence into goal congruence