Event Description

There is simply no denying that a sufficiently designed and effectively operating system of internal controls over reliable financial reporting is more important than ever. The primary objective of this course is to give participants “hands-on” practice in designing, evaluating, and communicating conclusions related to design and operating effectiveness of internal controls over reliable financial reporting and other risks for nonprofit environments.

Objectives

• Describe critical concepts promulgated by COSO’s internal control and enterprise-wide risk management
• Explain best practices for designing, implementing and monitoring internal controls over reliable financial reporting
• Apply exercises and case studies to reinforce fundamental theory through “real-life” scenarios that both internal and external accounting personnel performing internal control-related activities in the nonprofit industry