Countless audits tell the story! The lack of maintaining effective written internal controls, and actually following them, is often the root cause of numerous audit findings and unwanted questioned costs. In addition, many organizations that shifted from their traditional operations to a virtual environment in response to the COVID-19 pandemic were forced to adjust their policies and procedures “on-the-fly,” putting an even greater strain on their methods to properly oversee their federal award funding.
As organizations now begin to return to a “post-pandemic” reality in which they operate programs in multiple settings, they likely will be spending significant time and money updating their internal controls over financial reporting, and assessing how to best document that they are using their federal dollars appropriately.
Join us for a workshop that focuses on specific strategies for developing and applying efficient internal controls, and what organizations must do to ensure compliance and reduce questioned costs. We will address the following topics:
• What a sound internal control environment should look like
• How organizations should update their documentation of their internal controls
• Best practices in establishing, documenting and following internal controls
• Applying functional accounting and procurement procedures
• Characteristics of an internal control process that are ripe for re-evaluation
With your registration, you will receive:
✓ A half-day, interactive, expert-led workshop with a leading trainer
✓ Ability to earn up to 2.4 NASBA CPE Credits & 2.4 GPCI CEU Credits (Live virtual attendees only)
Please note that the workshop will be recorded.
You may be able to charge the cost of your Thompson Training to your federal grant(s). For state agencies and other nonfederal entities, under the cost principles of the uniform guidance, there are allowable items of cost for subscriptions (§200.454.(b)) and professional development (§200.472). Please check with your program director, finance officer or granting agency to ensure there is no restriction in the approved grant budget or the award documents.
Columbia Books & Information Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org If you are not able to attend for any reason, please notify us as soon as possible. Conference cancellations received 10 business days prior to the event are fully refundable. All other cancellations are non-refundable.