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Monday, April 8, 2024 Live Webcast

Building Security and Efficiency With Internal Control (X2-39704)

9:00 AM - 5:00 PM EDT
webcast

Vendor Platform

8 CPE Credits in AA

OVERVIEW

A well-designed internal controls system can and will drive all entity objectives. Too many times control creators focus too much on security.

DESIGNED FOR

Accounting and other business professionals that wish to know more about controls that drive all entity objectives.

BENEFITS

After attending this presentation you will be able to...

  • Identify the components of a control system
  • Identify the ways that risk affects all business activities
  • Use concepts such as risk appetite and risk tolerance to properly create controls
  • Apply the concepts set forth in the COSO framework that relate to the control environment
  • Choose the necessary steps to increase the quality of control development activities

HIGHLIGHTS

The major topics covered in this course include:

  • An overview of control frameworks and concepts
  • Strategic considerations that can be incorporated into control development
  • Understanding and controlling risk that arises when organizations change or choose not to
  • The COSO Internal Control Framework and the COSO ERM Framework

COURSE LEVEL

Intermediate

PREREQUISITES

An understanding of internal control concepts

ADVANCE PREPARATION

None

INSTRUCTOR

Karl Egnatoff

Karl W. Egnatoff, CPA, CITP

Phoenix Beach, LLC

Karl Egnatoff is a Certified Public Accountant (CPA) currently living in Myrtle Beach, South Carolina. During the past 22 years Mr. Egnatoff has worked as a consultant, trainer and as a software engineer while engaged on projects for business organization of all types. Prior to this, Karl worked in public accounting as well as in private sector accounting for a period of approximately six years. Before partnering with Pat Garverick to form Phoenix Beach in 2015, Karl presented and created material in association with other quality CPE organizations for approximately seven years. In addition to being a CPA, he is also a Certified Information Technology Professional (CITP). During the course of his career, Mr. Egnatoff has owned and operated a number of successful businesses. All of these provided services to other organizations in the business community. The experience he garnered while serving these organizations helps him now as he writes and presents continuing professional education through Phoenix Beach. Mr. Egnatoff is a member of the West Virginia Society of Certified Public Accountants, the American Institute of Certified Public Accountants, and the Information Technology Section of the American Institute of Certified Public Accountants. He has also achieved a number of technology certifications including Microsoft Certified Professional (MCP), Certified Software Engineer (CSE) and Certified Integration Developer (CID). Karl graduated from Marshall University with a Bachelor of Business Administration degree. During his time in college, he participated in division I Cross County competing on the varsity squad. He was also on Marshall’s Track team. Karl and his wife Lana have been married for twenty-seven years. They have two grown sons, Jordan and Steven.