2024 Internal Control Fundamentals
Thursday, June 27, 2024
Webcast or Webinar, Online
4:00 PM - 6:00 PM (opens at 3:30 PM) EST
2Credits
Accounting and Auditing
Registration is Open
Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price
CPE PowerPass Users
Click the "Apply PowerPass" button to use your PowerPass for the applicable course below.
$40.00 Members / $56.00 Non-Members
Don't have a CPE PowerPass? Click
here to find out more about the CPE PowerPass program.
Course Type: Webcast
Course Code: 24/AC905271
Level: Basic
Vendor: ACPEN
Field of Study: Auditing
Overview:
AU-C Section 315 requires the auditor to gain an understanding of the entity and its environment and the entity's internal controls in order to design appropriate audit procedures. This course will review the key requirements of COSO which is one of the most widely used internal control frameworks. We'll also review the limitations of internal controls. Additionally, this course will introduce the risk assessment process and the various audit procedures to evaluate controls and to determine whether to test the operating effectiveness of controls.
Objectives:
- Describe the five components of COSO
- Recall the limitations of internal controls
Major Topics:
- Risk Assessment
- Internal Controls
- COSO
Major Topics:
- Risk Assessment
- Internal Controls
- COSO