Accounting and Financial Reporting

Evaluating Internal Controls

e-Learning Course

September 1, 2021

1-5 p.m. ET

September 2, 2021

1-5 p.m. ET


  • Field of Study: Auditing (governmental)
  • Credits: 8.00
  • Prerequisite: none
Details:


Learning Objectives: Those who successfully complete this seminar should be able to:

  • Define internal control and explain how it relates to basic managerial objectives
  • Identify the respective responsibilities of management, the governing body, external auditors, and internal auditors in regard to internal control
  • Identify the five essential components of a comprehensive framework of internal control
  • Identify the 17 principles associated with those five essential components
  • Identify the key points of focus related to each principle
  • Describe the inherent limitations of internal control
  • Describe the relationship between internal control and enterprise risk management
  • Describe the relationship between internal control and fraud
  • Describe how fraud can be identified and how identified fraud should be managed
Field of Study: Auditing (governmental)
Credits: 8
Level: Basic
Prerequisite: None

Details:
September 1, 2021 - 1:00 pm to 5:00 pm ET
September 2, 2021 - 1:00 pm to 5:00 pm ET

 

Member Price: $280.00
Non-member Price: $560.00

Who Will Benefit: Those with an interest in the design, maintenance, and evaluation of comprehensive internal controls

Learning Objectives:
  • Those who successfully complete this seminar should be able to:
  • Define internal control and explain how it relates to basic managerial objectives;
  • Identify the respective responsibilities of management, the governing body, external auditors, and internal auditors in regard to internal control;
  • Identify the five essential components of a comprehensive framework of internal control;
  • Identify the seventeen principles associated with those five essential components;
  • Identify the key points of focus related to each principle;
  • Describe the inherent limitations of internal control;
  • Describe the relationship between internal control and enterprise risk management;
  • Describe the relationship between internal control and fraud; and
  • Describe how fraud can be identified and how identified fraud should be managed.

  • Member Price: $280.00
  • Non-member Price: $560.00
Register