IT Risks in Emerging Business Environments
This course speaks directly to the importance of general controls (GC), application controls (AC), and spreadsheet controls as they relate to all operational, financial, and compliance processes. The world has changed, and IT is no longer simply a back office function. IT is of strategic importance to internal control for organizations. This control includes appropriate controls over cyber security threats.
Participants will delve into the COSO 2013 framework and its integration with Information Technology controls, gaining insight into how IT now serves as a strategic component of internal control systems. The course emphasizes the importance of General Controls (GC), Application Controls (AC), and spreadsheet controls in mitigating risks related to operations, finance, and compliance, including cybersecurity threats.
Designed for professionals seeking to elevate their risk management acumen, this course offers practical approaches to IT evaluations and frameworks for control assessment.
Field of Study: Information Technology
Lynn Fountain has over 45 years of experience spanning public accounting, corporate accounting and consulting. 24 years of her experience has been working in the areas of internal and external auditing. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Ms. Fountain has held two Chief Audit Executive positions for international companies. In 2011, as the Chief Audit Executive for an international construction/ engineering firm, she was involved in the active investigation of a joint venture fraud. The investigation included work with the FBI and ultimately led to indictment of the perpetrators and recovery of $13M. Ms. Fountain is currently engaged in her own training and consulting business and is a regular trainer for the AICPA. Ms. Fountain is the author of three separate technical books. “Raise the Red Flag – The Internal Auditors Guide to Fraud Evaluations” was published by the Institute of Internal Auditors Research Foundation. -“Leading The Internal Audit Function” and -“Ethics and The Internal Auditor Political Dilemma” were published by Taylor & Francis In addition Ms. Fountain was a contributing author to the certification program exam for the National Association of Accountants. She also has certificate programs on various on-line platforms. Ms. Fountain has performed as an adjunct instructor for the School of Business for Grantham University and developed the first internal audit curriculum for the School of Business at the University of Kansas. Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CGMA, CRMA credentials and CPA certificate (non-active).
