Internal
Controls for Auditors, Management and Staff - Making
Government Organizations More Effective
Oct. 7, 2009
2
CPE Hours Available!
AGA, in conjunction with the
National Association of State Auditors, Comptrollers and
Treasurers (NASACT) and the Association of Local Government
Auditors (ALGA) is pleased to announce a new and increasingly
important topic to our audio conference schedule—understanding
the role of internal controls in improving government
operations.
Government
managers and auditors at all levels will gain a better
appreciation and understanding of internal control systems and
how to assess their effectiveness.
The audio conference will
cover the following topics:
·
Why internal controls
are important and your responsibilities under that system
·
Internal control
frameworks
·
Understanding COSO
·
Risk assessment models
·
Assessing and changing
control systems
·
Strong controls, but the
wrong controls—when to recommend preventive controls versus
detective controls
·
Effectively conveying
audit results and internal control findings
Guidance on internal controls
is important and the seminal document
Internal Control - Integrated Framework issued by
the Committee of Sponsoring Organizations of the Treadway
Commission (COSO) provides an excellent framework for
organizations to follow. Unfortunately, organizations often
place too much emphasis on the wrong control components under
the misguided premise that control activities (i.e., policies
and procedures) are the most critical elements of an
organization's success. This misplaced focus can cause managers
to respond with strong—but wrong—preventive controls over
day-to-day activities, which ultimately frustrates efforts to
correct an organization's real problems.
It's time to identify and
implement the right controls to prevent a recurrence of past
practices, which have harmed major organizations involved in
fraud and scandals over the years. This audio conference will
explore internal control concepts that can make for a
high-performing organization and offer managers and auditors
tools to assess internal controls within their organizations.
To share
their practical experiences in auditing and views toward the
future of auditing are: David R. Hancox, CGFM, CIA, Audit
Director, Office of the State Comptroller, State of New York;
and Mary Peck, CIA, CCSA, CGAP, Director of Internal
Controls, New York State Office of Mental Retardation and
Developmental Disabilities.
Please
join us for two hours of lively discussion about this important
and timely topic. In addition to the speakers’ commentary, 20
minutes is set aside for questions.
Date:
Wednesday, Oct. 7, 2009
Time: 2 –
3:50 p.m. Eastern Daylight Time
Learning
Objectives: To learn how using the right internal controls can
improve government operations
Prerequisite: Some familiarity with internal controls
Advance
Prep: None required
CPE: Two
credit hours
Field of
Study: Auditing
Cost: $249
per site (UNLIMITED ATTENDANCE) if you register on or before
Friday, Oct. 2, 2009 and $299 thereafter.
SPECIAL PROMOTION: Government
agencies and CPAG members who register five or more office will
receive a 20 percent discount ($200 per site)
**To
Register: Registration for this event is now closed.**
This audio
conference offers important information to almost everyone in
the accountability profession. Please share this program
announcement with others in your government, chapters,
educational institutions and private firms. Remember, there is
no limit to attendance per phone site. If you have any questions
regarding registration, please contact Maria Lucas at
800.AGA.7211, ext. 308, or
mlucas@agacgfm.org. Questions regarding the program should
be directed to Raymond Harris, CGFM, ext. 339, or
rharris@agacgfm.org.