A Financial Executive’s Guide to ICFR Changes, Trends & Best Practices | Greenlight Technologies

Presented by Greenlight and Financial Executives International
1 Hour | Watch Archived Webinar | Download Presentation (pdf)

How confident are you that you’re up to speed on the latest ICFR changes and best practices? A lack of internal controls, such as segregation of duties, was cited in a study by ACFE as the biggest deficiency in control weaknesses that can lead to fraud. Ponemon Institute found that 57% of organizations in its survey lack the confidence to know whether their user access practices are compliant because they don’t have enterprise-wide visibility of that user access. This is a wakeup call to financial executives.
 
The good news is that an effective system of internal control over financial reporting (ICFR) can significantly reduce the risk of misstatements and inaccuracies in your company’s financial statements. The need to design and implement controls with the risk of fraud in mind and customized to the particular circumstances of your company is critical to accomplish this. This live webinar will take you on a deep dive into improving ICFR audits for the CFO by highlighting what’s changing, new industry trends and peer group best practices so you can focus more on effectively manage your company’s business instead of checking a box for audit and compliance.
 
3 major learning points -             
  • What it means for a company to have a “clean” audit of its financial statements, but disclose one or more material weaknesses in ICFR
  • Examples of what used to earn companies like yours a free pass on SOX
  • Insight into what’s changing this year and what auditors are asking your peers for today
By registering for this professional development event, you provide consent to FEI to share your contact information with the organizer/sponsor, who may use it to communicate directly regarding this opportunity and/or other products/services.

Questions? Contact FEI's Professional Development Department at [email protected] or 973.765.1029
 

Speakers

Mark Kissman

Chief Financial Officer
Greenlight Technologies Inc.

James Rice

VP, Customer Solutions
Greenlight Technologies Inc.