Internal Controls For Businesses

4.7 (14)

Dr. Robert Minniti

Minniti CPA LLC

  • CPA Canada
  • CRMA
  • CFE
  • CIA
  • CMA
  • CPA
  • CVA
  • IAP
  • QIAL

8 Credits

$80

Subject Area

Auditing

Webinar Qualifies For

8 CPE credit for Qualification in Internal Audit Leadership (QIAL)

8 CPE credit for Internal Audit Practitioner (IAP)

8 CPE credit for Certified Management Accountants (CMA)

8 CPE credit for Certified Internal Auditors (CIA)

8 CPE credit for Certified Fraud Examiners (CFEs)

8 CPE credit for Certification in Risk Management Assurance (CRMA)

8 CPE credit of Auditing for all CPAs

8 CPD credit (Verifiable) for Certified Valuation Analyst (CVA)

8 CPD credit (Verifiable) for Canadian CPAs

8 General Educational credit for Tax Professionals / Bookkeepers / Accountants

You need to register for the webinar to watch the video.

Click Here to Register

Before starting this self study program, please go through the instructional document.

Overview

  • Requirement for Internal Controls
    4 mins
  • Key internal controls for remote employee
    35 mins
  • COSO Framework for Internal Control
    68 mins
  • Control Environment
    132 mins
  • Examples of Internal Controls
    158 mins
  • Monitoring
    227 mins
  • Enforces Accountability
    262 mins
  • SOC 2 - Trust Services Criteria
    304 mins
  • Evaluating Internal Controls
    324 mins

Course Description

With the changing times, there are new the requirements imposed on businesses by various stakeholders. This has continued to rise over a period of time. As a result, more number of businesses are pushed towards establishing an internal control system that support the achievement of stated objectives as a priority.

Despite its several advantages, for some businesses it has been difficult to successfully device an internal control strategy that is without loopholes and support overall objectives set by the business. This webinar is a key input provider in developing cost effective internal controls for businesses that increases efficiency of business. This webinar is designed to take the participant through the process of developing cost-effective internal controls for businesses. The following are the key components of the webinar:

Key Components of the webinar:

  • Reviewing various internal control frameworks
  • The COSO Framework for Internal Control
  • Developing cost effective internal controls for businesses
  • Discussing how to review internal control design and efficiency

Successful development of cost effective internal control system and its implementation is balanced on very thin line. Therefore it is tricky. The organizations that can develop and implement internal control can reap the following benefits for the business:

Key benefits:

  • Increased shareholder value
  • Better managerial decisions based on accurate and reliable financial and management information
  • Assuring the interests of the company’s shareholders and the security of their investments
  • Improved stakeholder perception
  • Greater management of risk
  • Implementation of robust, approved procedures

This webinar will be a unique value provider for the CPAs, Accountants, Tax Professionals, Finance Professionals, and Other Accounting Professionals who wants to increase their basket of services that can provide them increased revenue through expanding their lines of services.

Learning Objectives

  • To identify the need for internal controls
  • To recall different types of internal control frameworks and their application
  • To recognize internal control documentation
  • To identify the important part of the COSO Internal Control Framework and its components
  • To recognize types of control relating to a single activity

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • Accounting Practice Owners
  • Accounts Director
  • Auditors
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial CPA
  • Senior Accountant
  • Staff of Accounting Firm
  • VP Accounts
  • Young CPA

Testimonial

4.7

(14)
71%
29%
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0%

ML

The way he covered internal control frameworks was simply super. Robert is very thorough with the subject and is very passionate about teaching. I would recommend this webinar.

JJ

A very engaging webinar by Robert. The content was great and the presentation was just perfect. Robert is thorough professional and a subject expert. Thank you Robert and myCPE for this wonderful webinar. Highly recommended.

SA

My 1st experience on the myCPE platform and the experience was with a presenter who blew me away. Robert is an expert beyond comparison. Absolutely enjoyed the webinar and all the points covered by Robert were explained in a very easy to understand way. Thanks myCPE and Robert.

MA

Robert is one of the most informed presenter out there. Great webinar with some really good content. Thank you Robert.

MB

A very good and detailed webinar which covered some very important points. Robert explained the points very well and made it easy to follow. Thanks Robert and myCPE.

YH

This was a valuable learning experience. The presenter was a learned personality with rich experience. The handout material was a good value addition. I recommend myCPE.