Mobile Edition

An Overview of the COSO Internal Control Framework (4173300B)

Date:Monday, December 18, 2017
Time:1:00 PM - 3:00 PM
(Registration at 12:30PM)
Facility:Webcast or Webinar, Online
CPE Credit:2.0 Accounting and Auditing
Instructor: Karl Egnatoff
Vendor:California CPA Education Foundation
Course Level:Intermediate
Early Bird Price:$60.00 FICPA Members, $90.00 Non-Members


The most-prominent internal control framework used in business today is the one outlined by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). This model, updated in 2013, defines internal control processes. This framework sets forth fundamental concepts that explain the importance of three categories of control objectives and defines five key components of Internal Control. Examine the COSO framework's key elements and understand how they work together to create a strong system of internal control.

  • List the five key components of internal control
  • Understand key internal control concepts, including the four types of internal control: preventive, detective, deterrent and compensating
  • Explain how controls fit into the management structure of organizations
  • Explain the importance of the control environment

Major Topics:

This session uses case studies adapted from real-world examples. Topics include:

  • COSO Model Components
  • Understanding the importance of Control System Structure
  • An Overview of Control Objectives and Types

Who Should Attend:

Accounting and other business professionals that would like to have an understanding of the most utilized internal control framework.

An understanding of basic internal control principles.

Advanced Preparation:


If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.