Successful organizations, both large and small, must understand the importance of effective internal controls and be able to develop a system of controls that will keep the entity on its intended course. Moreover, those that design policies and procedures benefit by knowing why control measures are necessary. This session sets forth internal control concepts and explains the importance of strong internal control policies. The material highlights some of the reasons that measures are needed and it also provides an overview of control creation methods. Finally, it discusses ways to successfully implement the developed policies and procedures. Participants that take this course will gain a well-rounded understanding of internal control procedures of all types. 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 the effects of the rapid move to distance employees
- Indicate the factors that make supporting and controlling telecommuters challenging, and
- Identify the types of controls to consider for the new geographically dispersed work environment
Major Topics
The major topics covered in this course include:
- Types of external fraud
- Considerations as organizations work to reduce fraud risk
- External fraud and known parties/External fraud unknown perpetrators
