Risk Management: Internal Controls & Fraud Prevention - Part 1 Webinar (3 Hours)

Overview: 

Many organizations have gone through extensive efforts to comply with Sarbanes-Oxley and other internal control regulations to ensure accuracy in their financial statements. But financial statement controls cover only a small area of risk and often ignore the far greater risks resulting from weak operational and other financial controls. In this webinar, you’ll learn how to:

  • Define acceptable levels of risk and the accountant’s role in risk management
  • Identify fraud and other risk factors
  • Strengthen controls, limit risk and prevent fraud
Objective: 

This targeted webinar will provide you with a firm grasp of the common financial and operational risks that still confront companies and what you need to do, beyond insuring against them, to manage those risks.

Emphasis: 
  • Defining risk and quantifying acceptable levels of risk
  • Determining the accountant’s responsibilities in risk management
  • Analyzing the conditions, detection and control methods for fraud
  • Integration of an ERM framework within COSO
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Prerequisite: 

None.

Preparation: 

No advance preparation required.

Level of Knowledge: 

Overview.

CPE Credit: 
3.00
NASBA Field of Study: 
Auditing