Documenting Internal Control
Available Anytime
Location:
Online
1Credits
Accounting and Auditing
Registration is Open
FICPA Members
Nonmembers
$59.00 Regular Price
Product Code: AI23-ICDOC
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Auditing
Overview:
Documenting internal controls
Familiarize yourself with commonly used documentation tools, such as narratives, flowcharts, internal control questionnaires and control matrixes. Walk through COSO's internal control template used to document an assessment of a system on internal control.
Objectives:
Learning Outcomes
- Identify controls in a process.
- Identify the different tools used to document internal controls.
- Recognize auditor considerations regarding documentation of internal controls.
- Recall how to document an assessment of a system of internal control.
Major Topics:
Key Topics
- Documentation tools such as internal control questionnaires, narratives, flowcharts and control matrixes
- Auditor considerations for documenting internal controls in a risk assessment
- Documentation of an assessment of internal control
Designed For:
Who Will Benefit
Financial statement auditors, internal auditors and entity management involved in financial statement audits