Most organizations have many of the basic controls required to operate in place. However, a notable percentage of these companies do not have important measures that can help enhance security, productivity, and the quality of information available for decision making. In this session, we work to identify areas where important internal control measures are needed. We spend time explaining why these controls should be created, and show in detail some specific controls that would be beneficial if utilized. Those wishing to strengthen an internal control system should strongly consider attending this session. 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 presentation, you will be able to...
- Distinguish key internal control concepts, including the four types of internal control: preventive, detective, deterrent and compensating
- Determine how each control becomes a piece of an overall internal control structure
- Identify both organization-wide measures as well as more segmented controls and how these must co-exist
Major Topics
The major topics covered in this course include:
- Control design basics
- Areas or segments of an enterprise to control
- Controls to reduce risk
- Controls to drive operations
