Controller Series: Establishing, Maximizing and Communicating Internal Controls
This session will review the intent and practical application of the COSO framework for maximum efficiency and protection.
NASBA Field of Study
Jennifer H. Elder
Internal controls are often misunderstood by our coworkers as "things that get in the way."
But a good system of internal controls will support getting work done the right way and protect against the ultimate failure ? fraud. This session will review the intent and practical application of the COSO framework for maximum efficiency and protection.
- How do you define internal controls?
- Three objectives of internal controls
- The COSO Cube
- Elements of a Successful System
- Key Takeaways
- Distinguish the five elements of internal controls
- Apply the principles of internal controls
- Identify the necessary ingredients of an effective system
Who Will Benefit
- Aspiring leaders and leaders of teams and organizations
Group ordering for your team
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