Techniques for Assessing Internal Control

Designed for Directors, CEOs, CFOs, Controllers, CPAs, Internal Auditors, Management Accountants

One Day Program -- 8 CPE Credits

Description

How do you know your internal controls are reliable and effective? Enhance your ability to comply with evaluation of the effectiveness of internal controls as specified by Section 404 of the Sarbanes-Oxley legislation. This program provides all the tools and techniques to conduct control self assessments to improve operational performance and achieve greater profitability. Learn to use and apply the diagnostic tools and self-assessment questions to improve internal control.

Objectives Provide a learning platform for management self-assessment of internal controls in conjunction with Sarbanes-Oxley Section 404. Learn how to use and apply the COSO matrix tools in a larger and small company environment. Learn how to use the assessment concept to evaluate business processes to improve operational effectiveness and strategic differentiation. Learn the techniques of diagnostic analysis including workshop facilitation, interviewing, and conducting surveys

Agenda Self-assessment overview Assessment formats Workshop facilitation Surveys and Questionnaires Assessment tools Evaluating risks and controls Reporting and implementing assessment findings