Live event participants can earn up to 1.5 CPE credits in the Accounting (Governmental) field of study.Program description: Companies issuing GAAP financial statements generally must employ a framework of effective and reliable internal controls to ensure the material correctness of those statements. Government contractors also must employ a framework of effective internal controls to ensure consistent business system function and reliability for government reporting. Because organizational ownership of SOX internal controls, and government business system controls can often align to different areas of the organization, they are often managed and monitored separately. This separate ownership and management results in many companies failing to take advantage of the opportunity to address the monitoring needs of both control frameworks through an integrated process which can minimize business interruption, increase the effectiveness and reduce the cost of internal control monitoring and raise the organization’s overall IQ on both financial and government contracts compliance considerations. Our webinar will cover how businesses can achieve better, faster, more affordable internal audit outcomes to protect their businesses and satisfy compliance objectives.
Program level: Intermediate – Developing subject knowledge
Prerequisites: None
Avanced Preparation: None
Topics to be discussed include:
- Overlapping elements of GovCon and SOX internal control requirements
- Effective integrated control framework design, including IT and ERM
- Integrated risk assessment and audit planning
- Execution on integrated internal monitoring to maximize resource effectiveness and minimize business interruption
Instructional Delivery Method: Webinars: Group Internet Based
Course Registration Requirements: Landing pages feature this content prior to CPE credit approval.
Official NASBA sponsor statement, if an approved NASBA sponsor (explaining final authority of acceptance of CPE credits):
CohnReznick LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State board of accountancy have final authority on the acceptance of individual courses for CPE credits. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
