Jo CANNOT WAIT to be giving this BRAND NEW PRESENTATION for the 2021 Bottles, Brews, and Buds Virtual Conference put on by the Washington Society of CPAs!

This virtual conference on August 5th and 6th, 2021 will delve into the unique accounting, tax and business issues that affect these three industries. You will hear from experts across the West as they share the latest updates. This conference is produced in partnership with Washington, Colorado!, Oregon, Idaho, Montana, Alaska and Hawaii. See the event through the Colorado Society of CPAs website HERE.

Here are the details for Jo’s UNIQUE session that will be held on Thursday, August 5th:

Cannabis Risks and Controls: How to Identify, Document, & Manage Your Unique Control Environment

Program Summary: 

Your industry is unique, and so are your risks and controls. You may think you already know them all, but it is time to get them documented in a clear, concise, consistent way, and to identify if you have any control gaps that need mitigated. 

This session will teach you how to create a Cannabis Risk & Control Matrix (CRCM) that is useful for investors, regulators, auditors, and anyone needing comfort in your unique processes. 

From the flower stage, to the hang stage, to the trim stage… from cultivation packaging to dispensary sales… from business licensing to security systems… we will cover ALL of your key processes and show you how to create a CRCM you can’t wait to show off!

Learning Objectives: 

• Understand why a Cannabis Risk & Control Matrix (CRCM) is a critical product your business should have handy.
• Identify your key business processes, including asset management, billing and collection, cash, financial reporting, and more.
• Identify existing controls for each process as well as if any control gaps exist.
• Map controls to key risks of your business.
• Develop a clear, concise, and useful CRCM!

Make sure to get on Jo’s calendar for YOUR IIA/ACFE Chapter, or State Society of CPAs for the Fall 2021! It’s filling up fast!

Email: Jo@AuditConsultingEducation.com