The Green Book Explained ON DEMAND
Available Until
Your Desk
2.0 Credits
Member Price $58.00
Non-Member Price $67.00
Overview
The 2014 Green Book (which is the most recent update) contains the latest version of the federal government’s standards for internal control, which is used by federal agencies and other government entities. These standards identify the five components of a comprehensive system of internal controls, as well as the 17 principles upon which those components are based. It is the essential tool for the development of a solidly-constructed system of internal controls. In the Green Book Explained course, we summarize the contents of the Green Book, while also inserting many tips, notations and examples along the way to clarify how it is to be used.
Highlights
Applicability f the Green Book
How the Green Book is Used
The Cost Conundrum
The Control Environment Component
The Risk Assessment Component
The Control Activities Component
The Information and Communication Component
The Monitoring Component
The Control Development Process
The Endless Loop of Internal Controls
Prerequisites
None.
Designed For
Auditors, CPA, CEO, and other Accounting Managers
Objectives
Recognize the principles of internal control on which the Green Book is based.
Identify how a system of internal controls assists an entity.
Specify the responsibilities for a system of internal controls.
Recognize how control deficiencies are evaluated.
State the uses of a contingency planning system.
Specify how employees are made responsible for internal controls.
Identify the responses to identified risks.
Recognize the components of the fraud triangle.
Specify the differences between different levels of controls.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $67.00
Member Price $58.00