Internal Controls for Small and Medium-Sized Entities WEBCAST

Overview

This session explores the importance of internal controls with an emphasis on best practices for small- and medium-sized entities. We will examine the roles of both preventive and detective controls and practical, cost-effective suggestions for implementing effective internal controls will be addressed.

Highlights

Overview of controls. Preventative controls. Detective controls. Controls for SMEs.

Prerequisites

A basic understanding of financial statement audits.

Designed For

CPAs in public practice and accountants in industry who want to enhance their awareness of practical internal controls for small- and medium-sized entities.

Objectives

Recognize the importance of internal controls. Appreciate nuances of internal controls for small and medium-sized entities. Distinguish controls as either preventive or detective. Identify useful controls for organizations that have limited resources.

Preparation

None.

Notice

None.