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Accounting Foundations: Internal Controls/ with Kay Stice and Jim Stice.
- Format:
- Video
- Author/Creator:
- Stice, Kay, speaker.
- Language:
- English
- Genre:
- Instructional films.
- Educational films.
- Video recordings.
- Physical Description:
- 1 online resource
- polychrome
- Place of Publication:
- Carpenteria, CA: linkedin.com, 2020.
- System Details:
- Latest version of the following browsers: Chrome, Safari, Firefox, or Internet Explorer. Adobe Flash Player Plugin. JavaScript and cookies must be enabled. A broadband Internet connection.
- Summary:
- Learn how to create internal controls to keep accounting in check in your organization.
- Knowingly?or unknowingly?reporting fraudulent information in your financial statements can lead to catastrophic consequences for your business. To prevent fraud, you need a series of internal controls, including a top-down control environment, physical controls, and ongoing monitoring. This course teaches you how to use these internal controls to increase the integrity of your financial statements. Professors Jim and Kay Stice take a look at the types of financial reporting problems that can occur and safeguards to minimize them. They also discuss the impact of Sarbanes-Oxley (SOX), and the compliance requirements for U.S. businesses that fall under the act. Plus, find out how the Securities and Exchange Commission enforces accurate financial reporting in the securities market and beyond. Note: This course does not satisfy compliance training requirements for SOX.
- Participant:
- Presenter: Kay Stice
- Notes:
- 2/24/20201
- Access Restriction:
- Restricted for use by site license.
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