Defective Compensation Systems: When Bonuses and Incentives Go Bad

The start date for this course has passed. Registration is no longer available.

This course is 2.00 credits
Instructor
Gary Zeune, CPA MAcct
Field of Study
Accounting
Course Level
Basic
Vendor
CPA Crossings LLC

Instructor

Gary Zeune, CPA MAcct

Registration Fees

MSCPA-AICPA Member
$79.00
MSCPA Member
$79.00
AICPA Member
$79.00
Non-Member
$79.00
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Thursday, Jan 4, 2018
3:00pm – 5:00pm

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 either during or after the event.
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 either during or after the event.

Designed For

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

Course Objectives

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

Major Subjects

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

Prerequisites

None

The start date for this course has passed. Registration is no longer available.