Leadership Best Practices for Internal Controls and Compliance
The past year has seen a proliferation of changes to financial regulations, coupled with growing interest among companies in improving the efficiency of their finance and accounting operations with the help of automation.
But unless companies put sufficient controls in place, automation can undermine efficiency while magnifying risk. Advances in automation represent opportunities for finance and accounting teams to perform essential tasks such as closing the books more quickly but also require that CFOs and other leaders increase their attention to internal controls and compliance.
During this webcast, we will discuss:
- The top challenges leaders experience with maintaining internal controls
- Which aspects of managing internal controls and compliance lend themselves best to automation
- The role of the internal audit function in evaluating the effectiveness of internal controls
- How leadership and internal audit can collaborate to strengthen internal controls by establishing proactive approaches to identifying and mitigating risk.