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Obtaining an Understanding of Internal Control
Webcast

Obtaining an Understanding of Internal Control

Gain a basic understanding of internal control and how it relates to risk assessment, through the lens of a financial statement auditor but also insightful for entity management and internal auditors.

$59 - $69
Do you have an AICPA membership? Log in to apply your member discount.

Format

Webcast

Date

Dec 27, 2021

NASBA Field of Study

Auditing

Level

Basic

CPE Credits

1

Author(s)

Glenn L. Helms

Availability

3 months

Product Number

VICUND21100

 Part of Webcast Pass
 Business & partner 
Product Details

Understand internal control

Understand internal control in risk assessment as required by GAAS. Gain an overview of internal control and related key aspects so that you recognize auditor and management roles and responsibilities related to internal control and procedures involved in understanding an entity’s internal control in a risk assessment.

Key Topics

  • Various definitions and aspects of internal control, including separation of duties and safeguarding of assets
  • Key aspects of internal control from various organizations, such as COSO, SEC, and PCAOB
  • Factors to consider, for example, industry, regulation, and nature of the entity
  • Risk assessment procedures, namely inquiry, analytical procedures, and observation and inspection, as well as brainstorming

Learning Outcomes

  • Recognize the importance of understanding internal control.
  • Recall factors and procedures that an auditor should consider when obtaining an understanding of the entity and its environment, including internal control.
  • Recall definitions and key aspects of internal control from various organizations.

Who Will Benefit

  • Financial statement auditors, internal auditors and entity management involved in financial statement audits
Credit Info
CPE Credits
1
NASBA Field of Study
Auditing
Level
Basic
Prerequisites
None
Access
This is a digital product. With full paid access the content will be available to you for 3 months after purchase date.
Duration
1
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
$69.00
AICPA Members
$59.00

Group ordering for your team

2 to 5 registrants

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Start order

6+ registrants

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Contact us
Speakers
Glenn L. Helms
Ph.D., CPA, CISA, CIA, CFF, CITP
"Dr. Glenn L. Helms was the Arthur Young Fellow in IT Auditing at the University of Houston and has served as Director of Certification for the International Certified Information Systems Auditor program. He has served on numerous national and international academic and professional committees including the American Institute of Certified Public Accountant’s Auditing Standards Board’s Computer Auditing Subcommittee and its Specialized Accreditation Board. Dr. Helms has presented over 2,000 professional seminars throughout North and South America, Europe, and Asia. He has published over 60 articles in a wide range of practitioner and academic journals. He has served on the editorial advisory boards of several national and international journals. His books address security, controls and fraud in a variety of environments. He has numerous years experience in public accounting and serves as a consultant to various organizations including CPA firms, financial institutions, and large and small entities. He has authored numerous CPE courses including – The Top Ten Fraud Schemes – How to Detect and Prevent Them, Purchasing, Inventory and Cash Disbursements: Common Frauds and Internal Controls, Revenue and Cash Receipts: Common Frauds and Internal Controls, Internal Control Essentials for Financial Managers, Accountants, and Auditors, Forensic Accounting Investigative Practices, and IT Risk and Controls in Traditional and Emerging Environments Dr. Helms is a multiple year recipient of the Don Farmer Award, and also the Outstanding Discussion Leader Award from the AICPA for every year that the award has been presented. He has received similar awards from state societies and universities. "
Accessibility

The 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 product users. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. As part of this commitment, this product is closed-captioned. For additional 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.

Cancellation Policy
View our Cancellation policy here
Obtaining an Understanding of Internal Control
Dec 27, 2021
Select from the following options:
Dec 27, 2021
2pm3pm GMT
Nonmember Price
$69.00
Price excluding sales tax
$69.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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