FMN Auditing

FMN - 2020/November, Seg. 2 - Ineffective Internal Controls and Misconceptions

A successful internal controls program leverages business partnerships and includes good communication. Many companies embed standards of internal controls into the business process and prioritize the risks that need to be addressed. Establishing an effective program ensures that a remediation process is in place and controls, policies and procedures are updated accordingly. Internal controls are an integral part of any organization, regardless of size, industry or geographical location. Christine Doxey, author and Internal Controls & Risk Management Consultant at Doxey, Inc., discusses how internal controls might help or hinder a company’s success.

Learning Objectives:

  • Identify the ways internal controls programs can help or hinder a company’s operations,
  • Understand the difference between internal audit and internal controls,
  • Recognize the main concerns companies currently have related to risk and internal controls, and
  • Identify ways to mitigate risk in procure-to-pay or accounts payable.

Prerequisites/Advanced Preparation:

Work experience in financial reporting or auditing, or an introductory course in auditing.

Speaker / Author:

Christine Doxey, Doxey, Inc.

Price (USD)

Standard: $69.90


Course Code : FMN1373-FM

Length : 1hr 40min
Course Level : Update
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Auditing

Included In

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