Webcast: Using Internal Control to Strengthen Security, Efficiency, and Employee Conduct
229 | Webcast | Intermediate | Scheduled
Description
Many leaders in business organizations of all sizes view the system of Internal Control primarily as a protective security measure. This is a great first step, however a well-designed internal controls system can and will drive all entity objectives. This session uses information gathered from years of creating internal control systems as well as concepts from 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. This material is becoming more and more beneficial as companies strive to address many new business challenges such as evolving markets, the rapid rate of change in the business world and the notable increase in governmental and industry-based regulation. Those that work with internal controls and regularly consider ways to improve the functionality of internal control systems should strongly consider this session.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 8.00 | Accounting |
Designed For
Accounting and other business professionals that wish to know more about controls that drive all entity objectives
Prerequisites
A basic understanding of internal control concepts
Highlights
This session is taught via the use of real-world examples and case studies. The topics discussed in this session include:
- An overview of control frameworks and concepts.
- Strategic considerations that can be incorporated into control development.
- Understanding and controlling risk that arises when organizations change or choose not to.
Objectives
Once participants have completed this session, they should be able to:
- Identify important components/sub-components of a control system.
- Understand how risk affects such things as strategy and business direction.
- Recall important concepts such as "Risk Appetite", "Framing Risk" and "Risk Tolerance".
- Recognize how the control environment can help or hinder the operation of control measures in use at an entity, and
- Identify important steps that an organization can undertake, specifically related to control development that can drive the direction of the entity.
Prices
- Member (Early Bird)
- $269.00
- Non-Member (Early Bird)
- $369.00
- Member
- $269.00
- Non-Member
- $369.00
Instructors
Karl W. Egnatoff, CPA, CITP
Karl Egnatoff is a Certified Public Accountant (CPA) currently living in Myrtle Beach, South Carolina. He has worked as an information technology services provider, a trainer and a programmer related to financial and business technology projects since 1995. Prior to this, Karl worked in public accounting as well as in private sector accounting for a period of approximately six years. He has been teaching group live and web-based continuing education since 2006. In addition to being a CPA, he is also a Certified Information Technology Professional (CITP).
Karl is a member of the West Virginia Society of Certified Public Accountants, the American Institute of Certified Public Accountants, and the Information Technology Section of the American Institute of Certified Public Accountants. He has also achieved a number of technology certifications including Microsoft Certified Professional (MCP), Certified Software Engineer (CSE) and Certified Integration Developer (CID). During the course of his career, Mr. Egnatoff has owned and operated a number of successful businesses.
Karl graduated from Marshall University with a Bachelor of Business Administration degree. During his time in college he participated in division I Cross County competing on the varsity squad. He was also on Marshall's Track team. Karl and his wife Lana live in Myrtle Beach, South Carolina and have been married since 1990. They have two grown sons, Jordan and Steven.
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