Understanding and Creating an Internal Control System Webinar

Apr 24
9:00 - 5:00 p.m.

Online

8-A&A
CPE Credits

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.

Learning Objectives:

After attending this session you will be able to...

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.

Highlights

The major topics covered in this course include:

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

Registration

PICPA Member: $239
Nonmember: $339

More Information

Course No. TAKEUCI8 Level: Intermediate

Prerequisites: An understanding of Internal Control concepts

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