More than ever, the importance of internal controls is being escalated, seemingly on a daily basis. From large enterprises seeking compliance with provisions of Sarbanes-Oxley to entrepreneurs seeking to grow their businesses, internal controls have taken on an increased level of significance in businesses of all sizes. For small businesses, maintaining an effective system of internal controls presents a significant challenge. Implementing many of the theoretical concepts surrounding internal controls – such as segregation of duties – may not be practical or even possible in some cases. Consequently, the current internal control structure of many small businesses fosters an environment in which too much risk is present. This, coupled with the presence of computerized accounting software, can often lead to disastrous results for small business owners and managers.
This course is designed to assist accountants in evaluating, developing, and implementing an effective internal control structure in a small business environment. Throughout this course, the concept of risk-based internal controls is stressed, ensuring that small businesses are insulated from the most significant risks. Participants will benefit from the case studies used in class in which theoretical concepts are implemented and demonstrated in leading small-business accounting software programs, such as QuickBooks, Peachtree, Microsoft’s Office Accounting and Dynamics GP, and Sage MAS 90.
This course is designed to provide accountants with the necessary insight and tools to design, implement, and monitor effective systems of internal controls for small businesses.
Course Information:
CPE Credit: Recommended 8 Hours Accounting
Instructional delivery method: Group - live demo and discussion using color computer projection - NOT a hands-on course
Prerequisites: None
Program level: Intermediate
Advanced preparation: None
Designed for: Accountants responsible for internal control procedures
Who should attend: Accountants in public practice providing services to small businesses and accountants in private industry employed by small businesses
Course Highlights:
- Learn why internal controls are necessary for success
- Understand typical small business control deficiencies and their impact
- See why traditional internal control concepts in small businesses are not effective
- Learn how to design effective internal control systems for small businesses
- Implement and monitor internal control systems
- Learn the importance of alternative controls
- Develop effective computer system controls
- Understand professional considerations affecting internal controls and small businesses
Dates & Locations :
| Event Date: |
Location: |
Sponsor Name: |
| 5/21/2008 |
Gulfport, MS |
Mississippi Society of CPAs |
| 6/10/2008 |
Bloomington, MN |
Minnesota Society of CPAs |
| 6/18/2008 |
Portland, OR |
Oregon Society of CPAs |
| 6/20/2008 |
Jackson, MS |
Mississippi Society of CPAs |
| 6/24/2008 |
Philadelphia, PA |
Pennsylvania Institute of CPAs Foundation |
| 6/26/2008 |
Bismarck, ND |
North Dakota Society of CPAs |
| 7/31/2008 |
Sacramento, CA |
California CPA Education Foundation |
| 8/12/2008 |
Denver, CO |
Colorado Society of CPAs |
| 8/15/2008 |
Mars, PA |
Pennsylvania Institute of CPAs Foundation |
| 8/22/2008 |
Manchester, NH |
New Hampshire Society of CPAs |
| 8/25/2008 |
Burbank, CA |
California CPA Education Foundation |
| 8/27/2008 |
San Francisco, CA |
California CPA Education Foundation |
| 9/5/2008 |
Atlanta, GA |
Georgia Society of CPAs |
| 9/9/2008 |
Bellevue, WA |
Washington Society of CPAs |
| 9/26/2008 |
Indianapolis, IN |
Indiana CPA Society |
| 10/6/2008 |
MI |
Michigan Association of CPAs |
| 10/17/2008 |
Waltham, MA |
Massachusetts Society of CPAs |
| 10/22/2008 |
Phoenix, AZ |
Arizona Society of CPAs |
| 10/23/2008 |
Roseland, NJ |
NJSCPA Education Foundation, Inc. |
| 10/30/2008 |
Columbia, SC |
South Carolina Association of CPAs |
| 11/6/2008 |
Charlotte, NC |
North Carolina Association of CPAs |
| 11/12/2008 |
Kenner, LA |
Society of Louisiana CPAs |
