Welcome to the North Penn Chapter of the Institute of Management Accountants
The IMA is the leading professional organization devoted exclusively to management accounting and financial management professionals.

Please join us at our next meeting
Tuesday, September 23, 2014
(4th Tuesday this month)

Importance of Good Internal Controls


Rose Hartle, CPA - Baum, Smith, & Clemens LLP


Fred Foley, CPA - Baum, Smith, & Clemens LLP








In May 2014, the Committee of Sponsoring Organizations (COSO) released its updated guidance.  COSO is a voluntary private-sector initiative dedicated to improving organizational performance and governance through effective internal control, enterprise risk management, and fraud deterrence.  We will be discussing the five principles of the framework:

Control Environment

Risk Assessment

Control Activities

Information & Communication

Monitoring Activities

 and recommended best practices.  We will also be discussing statistics in regard to fraud, the profile of the fraudster, warning signs and some real case examples of fraud.


Visit the Meetings page for details and how to register.


IMA Global Online Communities



Please note: These are the only official IMA groups, managed by IMA Communications.

*IMA is not responsible for the opinions and information posted on this site by others. To ensure the best possible experience for all community members, IMA prohibits postings that are defamatory, abusive, offensive or illegal in nature, or that jeopardize confidentiality of CMA exam content. IMA reserves the right to remove posts that violate the above policy and terminate subscribers from this group.