Controls are Everybody's Business
This seminar encourages employees in your organization to self-assess the effectiveness of controls within their job or operation. It impresses ownership and accountability for internal control; explains the role of internal control in mitigating risk and achieving organizational objectives; and increases the overall awareness and understanding of internal control throughout your organization.

Course Highlights

Internal Control: Myths and Reality

• Common myths about internal control
• Thinking and talking about control in a positive way
• Implementing and embracing a system of control
• Control responsibility: Who's responsible for what?

Identifying With Controls/Tools

• Vital components of a well-controlled organization
• Directive, preventive, detective, and mitigating controls
• Tangible vs. intangible controls
• Good tools for identifying, evaluating, and documenting controls

Designing Controls to Mitigate Risk

• Improving risk identification skills
• Understanding the link between business objectives, risk and control
• Cost-effective controls: balancing risk and cost
• Designing controls for a new or reengineered business process

Special Cases and Challenges

• Building controls to prevent fraud
• Fraud myths/fraud facts
• Some common "red flags" of fraud

To schedule an on-site or custom program for your organization, e-mail onsiteseminars@theiia.org or call +1-407-937-1388.