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COSO's Internal Control Framework Essentials

Provider: AICPA

Length: 225 minutes

Auditing 4.5 CPE Credits Basic QAS self study
COSO framework overview<br>Gain an overview of COSO’s internal control framework comprising five components and their related principles. <br>Learn how to evaluate the control environment, risk assessment, control activities, information and communication, and monitoring activities at your or your client’s entity. <br>Through real-life examples, enhance your understanding of how to apply the framework as it relates to financial reporting whether you are an auditor or entity management.<br><br>Who Will Benefit<br>Financial statement auditors, internal auditors and entity management involved in financial statement audits <br><br>Key Topics<br>- Components and principles of internal control <br>- Concepts associated with the COSO framework <br>- Management responsibilities versus auditor responsibilities <br>- Common significant accounting processes <br>- Tools and techniques used for internal control documentation

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