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 of the primary control measures required to operate in place. But many lack essential criteria that can enhance security, productivity, and the quality of information available for decision making. So, first, we'll identify areas where necessary internal control measures are needed. Then explain why these controls should be created and review specific rules that the organization should utilize in detail.
Learning Objectives
- List 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.
Major Topics
- Control design basics
- Areas or segments of an enterprise to control
- Controls to reduce risk
- Controls to drive operations
