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Nonprofit Internal Control - Practical Insights into Mitigating Financial Reporting, Compliance and Other Risks


Total Credits: 4 including 4 Auditing- Technical

Average Rating:
Not yet rated
Categories:
ACPEN Industry Institute |  Accounting and Auditing |  Yellow Book
Faculty:
Jennifer Louis, CPA
Course Levels:
Basic
Duration:
4 Hours
License:
Product Setting: Expires 30 day(s) after program date.

Dates
Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


Description

There is simply no denying that a sufficiently designed and effectively operating system of internal controls over reliable financial reporting is more important than ever. The primary objective of this course is to give participants "hands-on" practice in designing, evaluating, and communicating conclusions related to design and operating effectiveness of internal controls over reliable financial reporting and other risks for nonprofit environments. 

Basic Course Information

Learning Objectives
  • Describe critical concepts promulgated by COSO’s internal control and enterprise-wide risk management 
  • Explain best practices for designing, implementing and monitoring internal controls over reliable financial reporting
  • Apply exercises and case studies to reinforce fundamental theory through "real-life" scenarios that both internal and external accounting personnel performing internal control-related activities in the nonprofit industry

Major Subjects
  • Recognizing the importance of each of the key components of a sound system of internal controls over financial reporting, regardless of a nonprofit entity's nature, size or complexity
  • Understanding the critical role of information technology (IT) general and application controls to reliable financial reporting, even in less-complex IT environments
  • Exercise in documenting an understanding of the design of internal controls for common classes of transactions for nonprofit entities
  • Identifying and evaluating the sufficiency of key controls to satisfy control objectives
  • Understanding the importance of verifying whether an understanding of the design of internal controls has actually been "implemented", and how to exactly go about doing that

Course Materials

Faculty

Jennifer Louis, CPA's Profile

Jennifer Louis, CPA Related Seminars and Products

President

EMERGENT SOLUTIONS GROUP


Jennifer has over 25 years experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success.  In 2003 she founded Emergent Solutions Group, which is dedicated to meeting organization’s professional training needs on a project or part-time basis.  Jennifer serves a wide variety of clients, including public accounting firms, state CPA societies, private industry corporations, and public sector agencies.Previously Jennifer served as the Director of Audit Product Development at Surgent Professional Education for three years.  Prior to that, Jennifer was Executive Vice President/Director of Training Services at AuditWatch, Inc., a highly respected training and audit process consulting firm later acquired by Thomson Reuters.  Over her six years at AuditWatch, Jennifer served many roles.  She began her career at AuditWatch as Vice President of Product Development.   Jennifer also served as an instructor and consultant for the firm’s Audit Productivity Improvement Program (a comprehensive program enabling accounting firms to enhance audit quality and improve audit efficiency), as well as various other training courses.  Later, Jennifer was primarily responsible for working with clients to design high-caliber, customized training programs.  She led the Training Services Division, which includes AuditWatch University (“core-level” staff training for new hires to managers) and related offerings.  She also co-authored the Guide to Value-Added Auditing (Thomson/Practitioners Publishing Company, Fort Worth, TX, July 2001).

Before joining AuditWatch, Jennifer was the Financial/Operational Audit Manager at AARP.  While at AARP she served as one of their specially trained facilitators available as a resource throughout the organization for designing and leading strategic meetings and trainings.

Jennifer was also an Audit Manager at Deloitte, in Washington, DC.  During her five years with Deloitte, she was a frequent local and national instructor.  Jennifer also served as an instructor for the firm’s national “Train the Trainers” program. 

Jennifer graduated summa cum laude from Marymount University with a BBA-Accounting.  She is currently a member of the American Institute of Certified Public Accountants (AICPA) and is licensed to practice accounting in the Commonwealth of Virginia and North Carolina.Contact Jennifer via email at jlouis@emergentgroup.net, or via LinkedIn


Dates

Tue, May 06, 2025 - 03:00pm to 06:36pm PDT
Fri, May 16, 2025 - 10:00am to 01:36pm PDT
Thu, Jun 05, 2025 - 06:00am to 09:36am PDT
Sat, Jun 21, 2025 - 10:00am to 01:36pm PDT
Thu, Jun 26, 2025 - 06:00am to 09:36am PDT
Mon, Jul 14, 2025 - 10:00am to 01:36pm PDT
Thu, Jul 31, 2025 - 06:00am to 09:36am PDT
Fri, Aug 01, 2025 - 10:00am to 01:36pm PDT
Sat, Aug 16, 2025 - 06:00am to 09:36am PDT
Thu, Sep 11, 2025 - 03:00pm to 06:36pm PDT
Thu, Sep 25, 2025 - 06:00am to 09:36am PDT
Wed, Oct 01, 2025 - 10:00am to 01:36pm PDT
Thu, Oct 16, 2025 - 06:00am to 09:36am PDT
Thu, Nov 13, 2025 - 10:00am to 01:36pm PST
Sat, Nov 29, 2025 - 06:00am to 09:36am PST
Tue, Dec 02, 2025 - 03:00pm to 06:36pm PST
Sat, Dec 13, 2025 - 06:00am to 09:36am PST
Mon, Dec 22, 2025 - 10:00am to 01:36pm PST
Fri, Jan 09, 2026 - 06:00am to 09:36am PST
Thu, Jan 22, 2026 - 10:00am to 01:36pm PST
Tue, Feb 17, 2026 - 06:00am to 09:36am PST
Fri, Feb 27, 2026 - 10:00am to 01:36pm PST
Sat, Mar 07, 2026 - 06:00am to 09:36am PST
Tue, Mar 17, 2026 - 10:00am to 01:36pm PDT
Fri, Apr 17, 2026 - 06:00am to 09:36am PDT
Thu, Apr 30, 2026 - 03:00pm to 06:36pm PDT
Tue, May 05, 2026 - 06:00am to 09:36am PDT
Sat, May 30, 2026 - 10:00am to 01:36pm PDT
Mon, Jun 01, 2026 - 06:00am to 09:36am PDT
Thu, Jun 11, 2026 - 10:00am to 01:36pm PDT
Thu, Jun 18, 2026 - 06:00am to 09:36am PDT

Additional Info

Basic Course Information

Prerequisites None
Advanced Preparation None
Designed For Professionals responsible for evaluating the design and implementation of internal control
Original Recording Date 04/2025
Course Developer EMERGENT SOLUTIONS GROUP
Date Added to Catalog 03/2025
Yellow Book Yes

Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199). 


Official Registry Statement

Business Professionals' Network, Inc. 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.nasbaregistry.org


Instructional Delivery Method

Group Internet Based


Course Registration Requirements

Online Registration


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 


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