An Overview of Internal Controls Over Compliance
A key aspect to receiving federal awards is maintaining proper internal controls. This course will provide an overview of what is an effective internal control and how internal controls over compliance differ from internal controls over financial reporting. This course will assist management in insuring proper internal controls are properly designed, implemented, and documented.
Participants will be able to:
- Define internal control
- Describe best practices in internal controls over compliance
- Melisa Galasso, CPA, Senior Manager, Audit Professional Practices | Cherry Bekaert LLP
A Certified Public Accountant with nearly 15 years of experience, Melisa is an Audit Professional Practices Senior Manager at Cherry Bekaert. In this role, she assists with technical issues and quality control of the Firm’s assurance services practice. She monitors regulatory bodies including the Financial Accounting Standards Board (FASB), Government Accounting Standards Board (GASB) and American Institute of Certified Public Accountants (AICPA) for changes in auditing and accounting guidance and assists the Firm in implementing the updated guidance.
- Jatana Coleman, CPA, Senior Manager | Cherry Bekaert LLP
Jatana is a Senior Manager in Cherry Bekaert’s Audit practice in the Washington, D.C., office. She provides financial statement and compliance audit guidance for governmental entities such as large cities, counties, public utilities and local retirement systems. Jatana has experience performing financial statement audits for nonprofit and higher education organizations, and various other private entities. In addition to her audit experience, Jatana has performed internal control evaluations including conducting risk assessments, and testing and reporting on any internal control findings, weaknesses and recommendations. She also possesses over seven years of Big Four firm experience, and has served as an internal and external CPE instructor, providing continuing accounting and auditing training to various levels of audit professionals and clients.
Prerequisites | None
Advanced Preparation | None
Hours of CPE | 1 Hour*
Delivery Method | Group Internet
Program Level | Basic
CPE Category |Auditing (Governmental)
*Cherry Bekaert 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 submitted to the National Registry of CPE Sponsors through its website. | www.learningmarket.org
Cherry Bekaert Continuing Professional Education: Statement of Administrative Policies
Complaint Resolution Policy
Cherry Bekaert will make every effort to provide the best training courses possible. In the event participants are not completely satisfied with the training course and wish to file a complaint, please contact Cate Miller at firstname.lastname@example.org or 704.940.2661 within 10 business days of the event. Information about the course such as date, location, instructor and nature of complaint must be provided. Complaints may also be made in writing to Cherry Bekaert LLP, 6806 Paragon Place, Suite 310, Richmond, VA 23230, ATTN: Cate Miller
Record Retention Policy
Cherry Bekaert will retain all Continuing Professional Education (CPE) documents for five years from training course date. These records will include:
- Course outline
- Course content and handouts
- Sign in sheets
- Dates and locations of training courses
- Instructor credentials
- Course evaluations
- CPE certificates stating amount of recommended CPE credit
Refund and Cancellation Policy
Cherry Bekaert reserves the right to cancel or reschedule any training courses up to 10 business days prior to the date of the event. Full refunds will be provided to registered course participants if the course is canceled or if participants are unable to attend the rescheduled event.
Participants who must cancel their course registration 10 or more business days in advance of the event must contact Cate Miller to receive a full refund of all fees paid. Participants who must cancel their registration within 10 business days of the event, will not receive a refund.