Internal Controls for Smaller Not-For-Profit and Governmental Entities
Date: Tuesday, May 27, 2025
Instructor: Robert K Minniti
| Begin Time: |
11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs |
|
This course is designed to assist accountants and auditors who are working with smaller not-for profit organizations and governmental entities. The course contains a presumption that there will be a lack of segregation of duties in the internal controls of the organizations, which is usually caused by budget constraints. We will review compensating and mitigating controls for the lack of segregations of duties and will discuss developing cost-effective internal controls for organizations with limited budgets.
Who Should Attend
This course would be appropriate for CFOs, CEOs, CPAs, CMAs, CIAs, MAFFs, CGMAs, CFEs, business owners, business managers, internal auditors, external auditors, corporate accountants, government accountants and risk management personnel.
Topics Covered
- Accounting Standards
- GAO’s Greenbook Requirements
- Internal Controls
Learning Objectives
- Identify how to work around issues with segregation of duties
- Develop cost effective internal controls
- Identify GASB Standards
- Identify the GAO Greenbook requirements
Level
Intermediate
Instructional Method
Group: Internet-based
NASBA Field of Study
Accounting (Governmental) (2 hours)
Program Prerequisites
An understanding of the GAO Greenbook requirements
Advance Preparation
None
