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Webinar (CPA Crossings): Defective Compensation Systems: When Bonuses and Incentives Go Bad (2020)

Description

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

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Learning Objectives

At the conclusion attendees will be able to recognize  the operational, financial and audit risks caused by defective compensation systems.

Major Topics

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
Provider
CPA Crossings, LLC
Course Level
Basic
CPE Field of Study
Accounting
2
Who Should Attend

CPAs, clients, internal auditors, controllers, CFOs, Executives, board members, Business Owners, Attorneys

Instructor(s)
Gary Zeune
Prerequisites

None

Advanced Preparation

None

Location
Webinar
Event Information
When
Apr 15, 2021
2:00 pm - 4:00 pm MDT
Location
Webinar
Total CPE Credits
2
Format
Webinar

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$79.00

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$103.00
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Webinar (CPA Crossings): Defective Compensation Systems: When Bonuses and Incentives Go Bad (2020)


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