Back to Search

Defective Compensation Systems: When Bonuses and Incentives Go Bad Webinar

CPE

When
Feb. 12
12:30 - 2:30 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

Government Fraud Investigator: War Stories from the Trenches Webinar
Feb. 18 | Webinar
At the conclusion you will be able to…Understand various fraud schemesRecognize red flags of fraudDevelop and implement more effective anti-fraud review and auditing processesCreate methodologies to investigate similar frauds ...
Financial Reporting: Presentation (U.S. GAAP vs IFRS) Webinar
Feb. 19 | Webinar
Identify underlying concepts to preparing a financial report. Observe similarities and differences between IFRS and U.S. GAAP financial statement presentation requirements: Presentation of financial statements ...
Emerging Issues in Professional Ethics
Feb. 20 | Philadelphia
Learn about the latest developments in professional ethics, including the new codification of the AICPA Code of Professional Conduct, recent changes to the Code of Professional Conduct, and hot topics ...