Gain the skills, knowledge, and information you need to create and implement an
effective internal controls system.
Internal controls are a critical part of any organization's continued growth, performance,
and success. Without an effective internal controls system in place, your organization
may be at risk of legal retribution in a variety of areas, including faulty financial
reporting, fraudulent practices, and much more. You may be held responsible for
hefty fees and penalties, face serious lawsuits, become the target of increased
auditing activity, or unknowingly run afoul of today's stricter government laws,
rules, and regulations.
This workshop was designed to give business leaders like you a working blueprint
to help establish an effective, efficient internal controls system that is functional,
practical, simple to implement, and in complete compliance with all of today's complex
legal guidelines.
This seminar features up-to-the-minute info on all the latest government rulings,
regulatory requirements, and legal developments. Don't miss your chance to stay
abreast of trends, legislation, and laws relating to internal accounting, audits,
compliance, reporting procedures, and more.
Attend this valuable one-day seminar and learn how to …
- Ensure compliance with government laws, rules, and regulations
- Strengthen the overall financial health of your organization
- Avoid careless and costly! financial practices
- Take stock of existing controls and identify weak spots
- Put systems in place to ensure legal compliance
- Gain a solid understanding of SOX, AICPA, and COSO
- Discover the objectives, components, and requirements of effective internal controls
- Develop risk identification and management strategies to put in place now
- And much, much more!
Who should attend?
This program is designed for financial professionals, business leaders, managers,
supervisors anyone who is involved in the day-to-day financial workings of
an organization, as well as those who must oversee legal, financial, and accounting
operations.
Read Seminar Agenda
How to Implement Effective Internal Controls Seminar Overview
Internal Controls Essentials
- Proven procedures for developing strong internal controls
- Types of internal controls that are critical to your organization's financial health
and operations
- The components of an internal controls system, and the criteria for assuring the
effectiveness of each component
- SOX, COSO, and AICPA gain a working understanding of the recommendations
and requirements of each
- Methods for establishing systems that continually assure legal compliance, both
short and long term
- Case Study: When careless practices cost … and cost BIG! Learn from the mistakes,
missteps, and oversights of otherwise strong organizations
- How to examine your existing internal controls and pinpoint trouble spots before
they get out of hand
- Criteria to define just how strict, stringent, or structured your internal control
procedures should be
Risk Assessment and Management
- Today's definition and scope of risk in the business environment
- Effective ways of determining risks and assessing potential impact
- How to use "dimensions of risk" to anticipate business process needs
- Hypothetical risk? Or a likely "risk reality"? How to realistically assess
risk exposure and its impact to your organization
- Methods for trouble-shooting risk "hot spots" in your organization
Back to Seminar Overview
Sarbanes-Oxley: Understanding and Complying with the Requirements
- How Sarbanes-Oxley (SOX) has changed the legal ramifications of today's internal
control systems
- SOX, COSO, AICPA: how they work together, how they relate to each other, and how
they affect your organization
- What internal controls are critical for SOX compliance?
- How to make sure your financial reporting and documentation is in line with SOX
requirements
- Tips for ensuring compliance with SOX 302 and 404
- "Management Assessment of Internal Controls" actions your accounting
department needs to take to comply with this section of SOX
Operational Audits, Assessments, and Controls
- The purposes and desired outcomes of Operational Audits: why the OA is crucial to
organizational effectiveness
- The core elements of Operational Audits
- Prevention and Detection: ways to improve your operations by building these essential
elements into your processes
- When outside audit assessment is called for how to locate a contractor and
get the precise operational help you need
- Essentials of accounting audits best practices to ensure effectiveness
- How to safeguard your organization against fraud, misconduct, sloppiness, and ethics
breaches the "Achilles Heel" issues of accounting controls
Bonus: When fiscal impropriety may be present
appropriate steps to investigating fiscal misconduct or fraud within your organization
Back to Seminar Overview
To find out more about How to Implement Effective Internal Controls, contact
our customer service department at customerservice@pryor.com
or by phone at (800) 780-8476.
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