Event Level: Intermediate
Required Knowledge: A basic understanding of internal control concepts
Advanced Preparation: None
Who Should Attend: Accounting and other business professionals who wish to know more about controls that drive all entity objectives
Vendor: Taymes, LLC
Speaker: Karl Egnatoff
- Once participants have completed this session, they should be able to * List important components/sub-components of a control system * Understand how risk affects such things as strategy and business direction * Define important concepts such as “Risk Appetite,” “Framing Risk,” and “Risk Tolerance” * Explain how the control environment can help or hinder the operation of control measures in use at an entity * List important steps that an organization can undertake, specifically related to control development that can drive the direction of the entity