1 Balance Sheet Crime Scenes… Where the Bodies are Buried. IIA Orange County CA Chapter Luncheon Kate GreenbergMarch 22, 2010

AGENDA What we are going to cover…. Balance sheet risks: Where the bodies are buried… Control risks: Follow the cash! Less quantifiable risks: Fuzzy logic anyone? What’s your role and how IA can help. 2

IIA Update –Cash Red Flags 3

IIA Update –AR/BDA Red Flags 4

IIA Update – INVENTORY Red Flags 5

IIA Update –FIXED ASSET Red Flags 6

IIA Update – GW, Intangibles & Other Assets Red Flags 7

IIA Update –AP Red Flags 8

IIA Update – Accrued & Other Liabilities Red Flags 9

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IIA Update - Tax & Equity Accounts Red Flags 11