2024 Internal Control Fundamentals

Saturday, December 07, 2024
Webcast or Webinar, Online
2:00 PM - 4:00 PM (opens at 1:30 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
Course Type: Webcast
Course Code: 24/AC905282
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

Designed For:

Accounting professionals

Prerequisites:

None