Many organizations are successful as they create a system of internal controls, however some fail to properly implement the measures that are established. Moreover, entities regularly neglect the important process of testing, monitoring, and updating control procedures, which weakens the entire internal control structure. This course provides an overview of control creation methods and discusses ways to successfully implement policies and procedures. Additionally, it includes an array of control maintenance checklists that participants can take and adapt to their organization as they work to improve policies and procedures. Finally, it provides an understanding of the need for dynamic, fluid controls that adapt to changes in business tools and methods. By taking this course, you will have a strengthened ability to implement and maintain an internal control system.
Control creation and implementation basics. Implementation and update procedures for an Internal Control system. Maintaining existing internal controls.
A basic understanding of Internal Control concepts.
Accounting and other business professionals that would like to have an understanding of internal control implementation and testing procedures.
Determine the steps needed to implement a developed system of internal controls. Apply steps to build control measure schedules that function weekly, monthly, quarterly, and yearly, and that are designed to test and monitor the internal control structure of an organization. Analyze developed control measures to make sure they are working properly. Determine why there is a need to update existing controls to keep them viable as business operations change. Identify methods that can be used to communicate policy and procedure changes to those that are affected by these changes.
Karl Egnatoff, Taymes, LLC
Karl Egnatoff is a Certified Public Accountant (CPA) based in Myrtle Beach, South Carolina. He has worked as a consultant, trainer and programmer related to financial and business technology projects for the past 20 years. Prior to this, Karl worked in public accounting as well as in private sector accounting for a period of approximately six years. He has been teaching group live and web-based continuing education for the past six years. In addition to being a CPA, he is also a Certified Information Technology Professional (CITP). Karl is a member of the West Virginia Society of Certified Public Accountants, the American Institute of Certified Public Accountants, and the Information Technology Section of the American Institute of Certified Public Accountants. He has also achieved a number of technology certifications including Microsoft Certified Professional (MCP), Certified Software Engineer (CSE) and Certified Integration Developer (CID). During the course of his career, Mr. Egnatoff has owned and operated a number of successful businesses. All of these were business technology entities that provided consulting and training services. The experience he garnered while with these organizations serves him now as he teaches continuing professional education in association with K2 Enterprises. Karl graduated from Marshall University with a Bachelor of Business Administration degree. During his time in college he participated in division I Cross County competing on the varsity squad. He was also on Marshall’s Track team. Karl and his wife Lana live in Myrtle Beach, South Carolina and have been married for twenty-four years. They have two grown sons, Jordan and Steven.
Non-Member Price $289.00
Member Price $239.00