Internal Controls - What Every Manager Needs to Know
Tuesday, November 26, 2013 from 10:00 AM to 11:30 AM (PST)
This webinar will provide participants with a fresh view of what every manager needs to understand about the concept of internal controls. It will review the practical aspects of internal controls in the operational, compliance and financial reporting areas.
Why Should You Attend:
Companies who disclose that they follow the COSO framework for SOX compliance need to understand the implications of the new guidelines as well as the timing for compliance. The simple fact that the COSO foundation found it imperative to update a framework that has been in existence since 1992 is evidence that experts recognize the demands of shareholders, regulatory bodies as well as consumers.
This webinar will help you understand and establish sound, effective and proper controls in the operational, compliance and financial venues.
Acknowledging that management often views internal controls as a series of forms, checklists and templates that auditors require for either their annual audit or for Sarbanes-Oxley, this webinar will speak to how, in reality, internal controls – when properly implemented and supported – is one of the most beneficial aspects in creating ultimate organizational value. You will come away with a new view of internal controls and ideas that will assist in ensuring your organization places the proper focus on those risk areas that may be most impactful.
Areas Covered in the Webinar:
- Legislation, regulations, guidelines and internal control standards – What you really need to know to ensure your internal control structure is compliant.
- The balancing act of internal controls – cost vs. benefit.
- What to do when management asks “Do we really need that many controls?”
- Detective controls, preventative controls, manual vs. automated controls, tone at the top and why you should care.
- Forms, checklist and templates – their true link to internal control compliance.
- How to refresh management and the boards view on Internal Controls
Who will benefit:
- Managers and supervisors
- Risk and Legal Professionals
- Compliance Professionals
- Process improvement professionals
- Internal Auditors
- Board Members
Ms. Fountain , is a Kansas CPA and also holds her MBA. She has over 30 years of experience in the business profession, which includes public and industry accounting, leadership, compliance, governance and internal and external auditing combined.
Ms. Fountain is the founder of Fountain GRC Services, a consulting practice specializing in aspects of Internal Audit, Sarbanes-Oxley, Enterprise Risk Management, Fraud, Governance and Compliance. Ms. Fountain is an experienced trainer and speaker. Part of her work with Fountain GRC Services is delivering high quality training for multiple seminar and conference groups as well as individual companies and Corporate Boards. In addition, she successfully organized and executed a successful Kansas City Risk Based Seminar in April 2010 that featured 14 high profile e-suite speakers from the Kansas City business community. In August 2011, Ms. Fountain was named as one of the “Women to Watch for 2011” by the KSCPA and in 2012 was a nominee for the Kansas City Business Journal’s Women in Business. Ms. Fountain obtained her Bachelor of Business Administration from Pittsburg State University and her MBA from Washburn University
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