Internal Control Changes for Remote Workers

Description

For the past two decades the trend has been to move away from brick and mortar offices and have a greater number of people work or telecommute from home. Because of the upheaval caused by recent events, the rate of this move has been accelerated. This has and will continue to create control challenges and organizations must work to address these. Such things as moving from time based employee value to task completion based measurement and the ability to drive needed inter-company communication are just a sample of the issues with which entities must contend. This session looks at the benefits and pitfalls of workers that telecommute. It then discusses important risks and controls to consider as this trend continues and evolves in the business world.

Required Knowledge: None

Advanced Preparation: None

Who Should Attend: Accounting and other business professionals that are tasked with supporting and controlling remote workers.

Objective

• Recall the effects of the rapid move to distance employees
• Indicate the factors that make supporting and controlling telecommuters challenging, and
• Identify the types of controls to consider for the new geographically dispersed work environment

Credit Types

Accounting: 2