This course is designed to assist accountants and auditors develop and review preventive and detective controls while developing the control environment for an organization. We will discuss the theories that indicate that a good tone at the top is necessary to establish an effective control environment for an organization. We will discuss policies & procedures, ethics policies, and codes of conduct. Real world examples will be provided for participants to review.
Publication Date: May 2022
Designed For
CFOs, CEOs, business owners, business managers, internal auditors, external auditors, corporate accountants, government accountants and risk management personnel.
Topics Covered
- Control Environment
- Requirement for Internal Controls in Governments
- COSO Framework for Internal Control
- COSO Component Evaluation
- Fraud Theories
- Ethical Values
- Case Studies
- Code of Conduct
Learning Objectives
- Identify how to establish a good tone at the top
- Recognize how to develop cost effective internal controls for the Control Environment
- Identify which COSO component is often referred to as the "Tone at the Top"
- Identify what would not use the "Green Book" for developing internal controls
- Recognize which modern ethical theories is related to the concept the ends justify the means
- Describe which theory indicates that people are most likely to imitate the actions of their superiors
Level
Intermediate
Instructional Method
Self-Study
NASBA Field of Study
Accounting (1 hour), Auditing (1 hour)
Program Prerequisites
An understanding of the COSO Framework on Internal Controls.
Advance Preparation
None
Instructor
Robert K Minniti
DBA, CPA, CFE, Cr.FA, CVA, MAFF, CFF, CGMA, PI
Dr. Minniti is the President and Owner of Minniti CPA, LLC. Dr. Minniti is a Certified Public Accountant, Certified Forensic Accountant, Certified Fraud Examiner, Certified Valuation Analyst, Certified in Financial Forensics, Master Analyst in Financial Forensics, Chartered Global Management Accountant, and is a licensed private investigator in the state of Arizona.
Dr. Minniti received his doctoral degree in business administration from Walden University, received his MBA degree and Graduate Certificate in Accounting from DeVry University’s Keller Graduate School of Management, and received his Bachelor of Science in Business Administration degree from the University of Phoenix. Dr. Minniti taught graduate and undergraduate courses in forensic accounting at DeVry University, Grand Canyon University, Kaplan University, Northwestern University, and the University of Phoenix. He designed graduate and undergraduate courses for Grand Canyon University, Northwestern University, and Anthem College.
He is a writer and public speaker. He has experience in forensic accounting, fraud examinations, financial audits, internal audits, compliance audits, real estate valuations, business valuations, internal control development, business continuation planning, risk management, cyber security, privacy laws, data security, Sarbanes-Oxley compliance work and business consulting. In addition to his practice Dr. Minniti is an instructor teaching continuing professional education classes for a variety of providers and CPA Societies.
Dr. Minniti is currently serving as a board member on the National Association of Certified Valuators and Analysts' (NACVA) Litigation Forensics Board (LFB) and as a committee member on the Arizona State Board of Accountancy's Law Review Advisory Committee.