
Internal Control and COSO Essentials for Financial Managers, Accountants and Auditors
Learn the basic tools used to document processes and controls and identify departmental policies and procedures that function as the primary controls against errors and fraud.
Format
Online
NASBA Field of Study
Auditing
Level
Basic
CPE Credits
6.5
Author(s)
Glenn L. Helms
Availability
1 year
Product Number
159826
The basic tools you need.
Are you able to identify departmental policies and procedures that function as the primary controls against errors and fraud?
Starting with an overview of the COSO guidance on the components and principles of internal control, this CPE self-study course will introduce you to basic tools used to document processes and controls. The course covers:
- The responsibilities of management versus those of the auditor;
- Identification of risks of errors and fraud and consideration of the presence (or absence) of related controls; and,
- How to interpret and evaluate management's documentation of accounting processes and controls for auditors performing field work.
- Financial statement auditors and entity management involved in financial statement audits
- Components and principles of internal control
- Concepts associated with the COSO framework
- Management responsibilities versus auditor responsibilities
- Common significant accounting processes
- Tools and techniques used for internal control documentation
- Recall factors that an auditor should consider when obtaining an understanding of the entity and its environment, including internal control.
- Identify keys to success in designing a control environment with strong internal controls.
- Recall internal control objectives, components, and principles.
- Identify tools that can assist in the documentation of internal control.
- Identify ways to obtain efficiencies and effectiveness in internal control in various types of smaller entities.
Group ordering for your team
2 to 5 registrants
Save time with our group order form. We’ll send a consolidated invoice to keep your learning expenses organized.
Start order6+ registrants
We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org
Contact usThe Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services. The Association is committed to making professional learning accessible to all. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. For accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.
Ratings and reviews
Log in to apply your member discount.