Back to Search

Defective Compensation Systems: When Bonuses and Incentives Go Bad Webinar

CPE

When
Dec. 10
6:00 - 8:00 p.m.

CPE Credits
2-A&A

Details

 Pricing

PICPA Member: $79 | Nonmember: $104


 More Information

Course No.
GZDCSW2
Level
Basic
Prerequisites
None
Note

This webinar is hosted by PICPA's partner, CPA Crossings. After registering, you will receive an email from CPA Crossings with the log-in information.

Description

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


Speaker(s)


You May Also Like

Annual Accounting and Auditing Update Webinar
Feb. 24 | Webinar
Designed for accounting and attestation practitioners at all levels in both public accounting and business and industry, this course provides a comprehensive review of recent standard setting activities of the ...
Catch Her If You Can: Detect and Prevent Pink Collar Crime Webinar
Feb. 24 | Webinar
With more women in higher levels of authority, women have more opportunities to steal ever larger amounts. A Pew Research Center study found that 40% of women are primary breadwinners. ...
The Accountant as the Expert Witness Webinar
Feb. 25 | Webinar
Understand how to become qualified as an expert witness Learn skills that experts use during deposition and trial to support their conclusions Understand the litigation process and the role accountants ...