It’s the little things that matter. We are so busy that we sometimes fail to do the fundamental duties as well as we should. How can we get more out of every audit, reduce the pressure, and streamline the process? What lessons can we learn from diabolical and brazen fraud activities? We need to re-examine our internal controls so they will be effective today and will scale to remain effective in the future. Even the Statement of Cash Flows can be made much more effective – we will show you how. These ‘little things’ can and do have an outsized impact. We will review today’s best practices. We can all learn from the mistakes made by others so we will be even more efficient.
DESIGNED FOR
Corporate financial leaders, financial managers, CEOs, CFOs, controllers, accountants, board members, advisors, and consultants; CPAs in public practice and CPAs in industry;
business owners, entrepreneurs, anyone interested in internal controls, process improvement, and professionals who are interested in streamlining workflows, realizing cost savings, increasing efficiencies and increasing value.
BENEFITS
- Identify audit objectives and how to support them during engagements
- Define the role and purpose of internal controls in financial and operational settings.
- Understand how and why most cash flow statements are misunderstood.
- Identify common red flags and warning signs of financial fraud.
HIGHLIGHTS
- Audit survival toolkit - tactics to reduce stress and get through audits with confidence
- Internal controls that matter - protection with simple, smart, and scalable practices
- Cash flow clarity - effectively communicate cash flows to drive better decisions
- Amazing crazy fraud cases – fraud so wild it shouldn’t be real
PREREQUISITES
At least six (6) months of professional financial statement analysis experience and/or at
least six (6) months of professional experience in preparing or reviewing accounting processes and reports; experience working with internal clients or external clients and business leaders. Prefer some exposure to ethical dilemmas.
ADVANCE PREPARATION
None