COSO's Internal Control Framework Essentials
Provider: AICPA
Length: 225 minutes
Auditing
4.5 CPE Credits
Basic
QAS self study
COSO framework overview
Gain an overview of COSO’s internal control framework comprising five components and their related principles.
Learn how to evaluate the control environment, risk assessment, control activities, information and communication, and monitoring activities at your or your client’s entity.
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.
Who Will Benefit
Financial statement auditors, internal auditors and entity management involved in financial statement audits
Key Topics
- 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
Gain an overview of COSO’s internal control framework comprising five components and their related principles.
Learn how to evaluate the control environment, risk assessment, control activities, information and communication, and monitoring activities at your or your client’s entity.
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.
Who Will Benefit
Financial statement auditors, internal auditors and entity management involved in financial statement audits
Key Topics
- 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