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ADDRESS: 901 Dulaney Valley Road, Suite 800
Towson, MD 21204
PHONE: 888-481-3500
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Defective Compensation Systems: When Bonuses and Incentives Go BadCOURSE ID: GZDCS
DESCRIPTION

Learn how compensation systems result in behavior that puts CPAs at risk.

DESIGNED FOR: CPAs, clients, internal auditors, controllers, CFOs, Executives, board members, Business Owners, AttorneysFIELD OF STUDY: AccountingLEVEL: OverviewPREREQUISITES: NoneCOURSE PRODUCER: The Pros & The ConsCREDITS: 4.0OBJECTIVES:
  • At the conclusion attendees will be able to recognize the operational, financial and audit risks caused by defective compensation systems.
HIGHLIGHTS:

Using real cases, learn how several typical compensation systems cause employees and management to behave in a manner that has an adverse effect on the entity’s best interest, resulting in control, financial reporting and auditing risks. .Government risk – Policing for profit .Industry risk – Trucking companies .Company risk – Domino’s .Regulatory risk – First Energy Davis-Bessie Power Plant .Healthcare – Discharging patients to maximize profits .Nonprofits – Rewards based on outputs vs. inputs .Schools – Perverse incentives compel teachers to cheat .BONUS – Maximize profits – How to transform goal incongruence into goal congruence

INSTRUCTOR
-TBD-
Download the 2016 Business Learning Institute Course Catalog DOWNLOAD PDF
Business Learning Institute - Course Catalog
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