2024 Internal Control Fundamentals
Tuesday, November 26, 2024
Webcast or Webinar, Online
12:00PM - 2:00 PM (opens at 11:30AM) EST
2Credits
Accounting and Auditing
Registration is Closed
Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.
Members
$79.00 Regular Price
Non-Members
$109.00 Regular Price
Course Type: Webcast
Course Code: 24/AC905281
Level: Basic
Vendor: ACPEN
Field of Study: Auditing
Overview:
AU-C Section 315 requires the auditor to gain an understanding of the entity and its environment and the entity's internal controls in order to design appropriate audit procedures. This course will review the key requirements of COSO which is one of the most widely used internal control frameworks. We'll also review the limitations of internal controls. Additionally, this course will introduce the risk assessment process and the various audit procedures to evaluate controls and to determine whether to test the operating effectiveness of controls.
Objectives:
- Describe the five components of COSO
- Recall the limitations of internal controls
Major Topics:
- Risk Assessment
- Internal Controls
- COSO
Major Topics:
- Risk Assessment
- Internal Controls
- COSO