Cost Effective Internal Controls for Small Businesses
 

CPE Credit: 2 hours

Course Description
This course is designed to assist accountants and auditors who are working with small businesses. The course contains a presumption that there will be a lack of segregation of duties in the internal controls of small businesses. 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. We will also discuss working directly with small business owners and bookkeepers and some of their resistance to formalized internal controls. This course is appropriate for CPAs who are working with small businesses.

 
 
Learning Objectives
How to work around issues with segregation of duties
Developing cost effective internal controls