Defining Where and Why Internal Controls are Needed 2024

This course will help you identify areas where overlooked internal controls are needed and how to identify and implement more robust controls. Most organizations have many primary control measures required to operate in place. However, many need more essential criteria to enhance security, productivity, and the quality of information available for decision-making. So, first, we'll identify areas where internal control measures are needed. Then, we'll explore why these controls should be created and review specific rules the organization should use in detail.

Presenters - Karl W. Egnatoff

Designed For: CPAs, business and financial professionals looking to expand and update their understanding and knowledge.

Role Level - Entry-level/Individual contributor; Manager/Senior Manager; Director; Executive/VP; Sole Practitioner

• Recall reasons to create controls such as to reduce errors, thwart fraud or enhance efficiency
• Distinguish between proactively and reactively created measures
• Identify control type segments such as administrative or operation-level measures

• Control design basics
• Areas or segments of an enterprise to control
• Controls to reduce risk
• Controls to drive operations

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