Internal controls are often misunderstood by our coworkers as “things that get in the way.” But a good system of internal controls will support getting work done the right way and protect against the ultimate failure ? fraud. This session will review the intent and practical application of the COSO framework for maximum efficiency and protection.
How do you define internal controls? Three objectives of internal controls. The COSO cube. Elements of a successful system. Key takeaways.
Experience in financial management of a company.
Aspiring leaders and leaders of teams and organizations.
Distinguish the five elements of internal controls. Apply the principles of internal controls. Identify the necessary ingredients of an effective system.
Jennifer Elder is a CPA, CMA, CIA, CFF with a Master’s in Organizational Leadership. She has worked in accounting and finance for the past 25 years in a variety of industries including manufacturing, residential construction and development, and angel investing. She spent five years in public accounting, seven years as the Accounting Department Chair of a community college, and the previous ten years in the role of CFO.
Recently, Jennifer started her own business, The Sustainable CFO, providing business consulting, on-demand CFO services, and business coaching services. Their target market is small and medium-sized businesses looking to improve their bottom-line and overall performance. In addition Jennifer teaches finance in the Green MBA program at Antioch University New England.
She is also a contributing writer for the National Association of Home Builders and TriplePundit, and a frequent presenter for the Maryland Association of CPA’s, the Institute of Management Accountants, and the Society for Human Resource Management.
Non-Member Price $76.00
Member Price $65.00