Internal Control Failure Consequences

Todd Weintraub

CFO at Hill International

Learning Objectives

Robust internal controls are a critical part of any business' success, yet are often taken for granted or ignored. The importance of effective internal controls are too often not recognized until a control failure results in adverse effects on the enterprise. This presentation will focus on real-life consequences of control failures at Hill International and lessons learned that will benefit you and your organization.

Key Takeaways:

  • Robust internal controls are critical to the success of every business

  • Consequences of not maintaining effective internal controls can be substantial

  • Effective internal controls require commitment from the whole organization