Thompson Grants a division of CBIS

INTERNAL CONTROLS: YOUR FIRST LINE OF DEFENSE

Webinar • Thursday, April 19, 2018 • 1:00-2:30 p.m. ET


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OnDemand
$249.00
(Available for viewing
until 04.19.2019)



$249.00 Internal Controls: Your First Line of Defense (OnDemand Recording)

Call 1.800.677.3789.

Webinar Details

Prerequisites: None

Recommended Field of Study: Specialized Knowledge and Applications

Program Knowledge Level: Basic

Advanced Preparation: None

The nonprofit community was recently stunned when it was revealed that a large national nonprofit organization suffered an embezzlement of over seven million dollars at the hands of one of its most trusted accountants. Situations like this are exactly why understanding internal controls is so important: it's a sure-fire way to prevent fraud, waste, and abuse within your organization.

The Office of Management and Budget (OMB) expects all non-Federal entities to have a documented system of controls that provides reasonable assurance that Federal awards are being managed in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. This webinar will show you exactly where to start.

Register now for Internal Controls: Your First Line of Defense.

In this 90-minute webinar, Capital Edge consultant Dan Durst will explain the basic principles of internal controls, the key requirements in 2 CFR 200, differences between preventative vs detective, proper segregation of duties, and common control activities related to high-risk areas in the organization. You will also have the opportunity to ask your own questions in the Q&A portion of this webinar.

Keep your organization in compliance with Federal statutes. Adequate internal controls provide the foundation for successful financial management. Organizations need to periodically review their system of internal controls to ensure that it is adequately designed and operating effectively.

Reserve your seat now for a comprehensive overview of internal controls.

This webinar offers an overview of the following:

  • Guiding principles of internal controls
  • Key requrirements in 2 CFR 200
  • The difference between preventative and detective controls
  • Proper separation of duties
  • Common control activities related to high-risk areas
  • And more!

Attend this webinar and you will come away with strong, base-level knowledge on the basics of internal controls. 

Register now for Internal Controls: Your First Line of Defense.

This webinar is of value to all state and local governments, Indian tribes, institutions of higher education and nonprofit organizations. Attendees who will benefit most include:

  • Chief Financial Officer
  • Controller
  • Director of Finance
  • Grants Administrator
  • Program Manager
  • Accounting and Finance Staff
  • Internal and External Auditors

YOUR EXPERT(S):

Dan Durst

Dan Durst is a Manager at Capital Edge Consulting, with extensive experience in various accounting and compliance issues related to Federal government contracts and grants. Dan’s areas of expertise include Cost Accounting Standards (CAS), Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal awards to non-Federal entities (Uniform Guidance), Federal Acquisition Regulation (FAR), and Defense Federal Acquisition Regulation Supplement (DFARS). Dan is also well-versed in various levels of audit support including DCAA, Single Audit, and Inspector General audits. Dan’s industry experience includes defense, nonprofit, and public sector. Dan has assisted clients with Indirect Cost Rate Proposal Development, Indirect Rate Structure Assessment, Subrecipient Monitoring Support, Audit Support and Risk Assessment, Audit Findings Remediation, Procurement System Certification, Internal Controls Assessment, Forensic Investigations, Grants Closeout Support, and other regulatory compliance matters. Prior to joining Capital Edge, Dan was an audit supervisor and lead consultant for Clarke Leiper PLLC, a member of the AICPA’s Government Audit Quality Center. Dan has previously held security clearances with the U.S. Department of Defense, including Secret Clearance. While contracted by the U.S. Department of State Dan conducted audits and analysis at the U.S. Embassies in 19 foreign countries. Dan has supervised and performed several Single Audits under both OMB A-133 and the new Uniform Guidance. Dan holds a Bachelor of Science degree in Accounting with a minor in Information Technology and a Masters of Business Administration with a concentration in Accounting from George Mason University.

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