Revenue and cash receipts are two critical areas that require strong controls to prevent intentional fraud or unintentional misstatements. While there is well-publicized fraud in these areas in larger companies, it also occurs, and can even be more likely to occur, in smaller businesses and not-for-profit entities. A sound system of internal control is needed to help prevent fraudulent activities and reporting related to the revenue and cash receipts cycle. It is crucial that an internal control system is tailored to the unique needs of each organization with a dedicated focus on areas posing the greatest risk; this course is designed to help you to do this.
Traditional revenue system. Retail revenue cycle. Manufacturing revenue cycle. Service revenue cycle. Accounts receivable and billing. Cash receipts. Revenue frauds and fraudulent financial reporting.
Auditors, practitioners, and all levels of CPA professionals.
Identify common frauds in the revenue and cash receipts processes. Identify internal controls that mitigate various risks. Recall an analysis process to improve efficient and effective risk management in your organization.
Dr. Glenn L. Helms was the Arthur Young Fellow in IT Auditing at the University of Houston and has served as Director of Certification for the International Certified Information Systems Auditor program. He has served on numerous national and international academic and professional committees, including the American Institute of Certified Public Accountant’s Auditing Standards Board’s Computer Auditing Subcommittee and its Specialized Accreditation Board.
He has numerous years experience in public accounting and serves as a consultant to various organizations. He has provided consulting services to Fortune 100 firms, Big Four CPA firms, financial institutions, government agencies and various other entities throughout North America, Europe, and the Pacific Rim. He has presented over 2,000 professional seminars and has published over 50 articles in a wide range of practitioner and academic journals. He has served on the editorial advisory boards of several national and international journals. His books address security, fraud, and internal controls (for small and public entities) in a variety of systems, including E-commerce and cloud computing. He has written numerous book, including those published by the AICPA some of which include – Purchasing, Inventory and Cash Disbursements: Common Frauds and Internal Controls; Revenue and Cash Receipts: Common Frauds and Internal Controls; Internal Controls and IT: Reliable Reporting and Fraud Prevention; E-Commerce Controls and Audits; Common Fraud: A Guide to Thwarting the Top Ten Schemes; and Internal Control Essentials for Financial Mangers, Accountants, and Auditors.
Glenn has been awarded the outstanding Discussion Leader Award from the AICPA for numerous consecutive years. He has received similar awards from state societies and universities.
Non-Member Price $229.00
Member Price $179.00