Many leaders in business organizations of all sizes view the system of Internal Control almost purely as a protective security measure. A well-designed internal control system can and will drive all entity objectives which includes successful operations. This session uses information gathered from years of creating internal control systems as well as concepts from well-respected authoritative pronouncements and frameworks to illustrate the power of a strong and well supported control system as well as actions that can help establish such a system. Those that work with internal controls who are tasked with developing ways to improve operation level capabilities should strongly consider 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...
- 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
Major Topics
The major topics included in this course include:
- The reasons for fraud
- Fraudulent acts that are initiated against smaller organizations
- Methods to stop fraud attempts against small businesses
