Internal Controls Training

Introduction to Internal Controls 

Internal Controls are everywhere: cash handling, budgeting, HR, payroll, and more. This one-and-a-half hour training is designed to explore operational procedures throughout your organization to provide an introduction to internal controls for anyone who handles cash or provides support to treasury/finance departments. Attendees will:

  • Develop a clear understanding of an effective internal control system.
  • Learn how internal controls benefit and protect assets and employees.
  • Management and employee responsibilities in creating and following internal controls procedures and practices.
  • Insights to identify, assess and manage risks.
  • Tools to establish, document, use, and monitor controls.
  • Benefits and consequences of compliance/non-compliance.

Designed for all cash handlers who work in your office or at remote locations throughout your organization. The training is an online, interactive webinar. All attendees are required to take a quick quiz/review in order to receive their certificate of completion. View the calendar on the right of this page for upcoming training sessions.

Implementing Internal Controls 

This training is perfect for managers who are responsible for cash receipting and ensuring the safety of an organization's assets. Training will explain how internal controls should permeate all functional areas of your organization, including budget, cash receipts, investments, revenues/receivables, capital assets, purchasing/receiving, p-cards, accounts payable, human resources, information systems, general ledger/financial reporting, grants, debt, and banking. If you're not paying attention to internal controls, your organization has a much higher risk for fraud and loss. Learn how to mitigate your risk!

This session will explore an organization's operational procedures to gain insight into internal controls, how they work, and why they're important. The session will:

  • Review of the fundamentals of an effective internal control system.
  • Review and discussion of how every part of your organization is impacted by internal controls.
  • Identify best practices for internal controls in different operations of your municipality.
  • Offer insight to identify, assess and manage risks.
  • Provide support tools to establish, document, monitor and adhere to internal controls procedures.
  • Provide a roadmap to develop an effective internal control system to:
    • Protect the effectiveness and efficiency of operations.
    • Support the reliability of financial reporting.
    • Ensure compliance with applicable laws and regulations.

This livestreaming session is interactive - attendees can ask questions or comment directly or via the chat (livestreaming is via Zoom Meetings). Classroom time is 1.5 hours. Graduates will receive an emailed certificate upon completion of an evaluation.

Internal Controls for Treasury Personnel

This three hour session includes the material in both the introduction and implementation sessions listed above. Typically done as an in-person training for groups of 50 or more attendees, it's a great training session to incorporate into your regional- or state-level conference. Contact us at [email protected] for pricing and more details.

Internal Controls Manual 

The APT US&C Internal Controls manual provides a great introduction on internal controls along with a comprehensive overview of all the various controls that an entity should have in place to safeguard assets, prevent fraud, verify financial records, monitor performance and ensure efficient operations. Order online here. 

Internal Controls Checklists

A companion piece for the Internal Controls Manual. These checklists are a basic assessment tool to determine strengths and weaknesses within an accounting environment. They are also an effective guide for a public finance officer to use in order to protect public assets and strengthen internal controls in municipal government. Download the checklists at no charge here.