Adapting Internal Controls for Distributed AP Teams

Internal control policies and procedures can be used to prevent fraud, control risk, protect assets, and ensure operational efficiency, and are critical to the short- and long-term success of your business.

Yet, many finance leaders forgo these benefits, deprioritizing important projects for a variety of reasons. Most small and midsize businesses lack the headcount to put strong financial controls and separation of duties in place. Others may be constrained by budget, or simply because it’s a big undertaking and they don’t know where to start. And, with the events of the last two years, teams have been further thrust into distributed work environments, truly testing internal controls, security procedures, and collaboration tools. 

The good news is it’s easier than ever to implement and automate sophisticated internal controls for remote and virtual teams without making a significant investment in headcount or putting effort into extensive planning. Join us to learn about:

• Internal controls 101
• The threat landscape and how smart companies are responding
• 3 critical internal controls to implement now
• How automation can help you optimize and how to pick the right tool for the job

Jess Scheer
Editor, IOFM

Jess Scheer is an award-winning business reporter, covering the needs of financial operations professionals for more than two decades. As IOFM’s executive editor, Jess is responsible for continually updating member content on IOFM.com, as well as building our certification and event agendas. He is a popular speaker, hosting dozens of webinars each year and keynoting IOFM’s conferences.

Aaron Berson
CEO & Founder, Fringe Advisory

Aaron Berson, CPA, is the Chief Executive Officer and Founder of Fringe Advisory Co, a forward-thinking, cloud-based accounting and financial services firm. Aaron helps businesses leverage technology to streamline processes and ensure clients thrive into the future.

In his capacities as Controller, CFO, process designer, and system curator, Aaron crafts and designs structures to help clients grow sustainably and provides automated workflows for businesses. His expertise includes accounting, financial statement preparation, tax preparation, robotic process automation and design, as well as app curation and education. Aaron also specializes in technology, development stage, professional services and medical enterprises.

He previously worked at Deloitte, EisnerAmper, and Gettry Marcus, and has been recognized as one of CPA Practice Advisor’s “40 Under 40” for the past five years. He is an Adjunct Professor and mentor at New York University’s Stern School of Business and is a member of the American Institute of Certified Public Accountants (AICPA), and the New York State Society of Certified Public Accountants (NYSCCPA) where he served as chapter president and vice president. A graduate of Binghamton University, Berson holds a Bachelor of Science and a Master of Science in Accounting.