Академический Документы
Профессиональный Документы
Культура Документы
PLEASE NOTE:
This course is designed for someone who has a good practical
understanding of what internal control is and how to apply it. It is helpful
to have an understanding of the original (1992) COSO Internal Control
Integrated Framework and how it applies to assessing controls in terms of
the COSO categories of objectives and the five internal control components
(shown in the COSO cube). We will be reviewing what is new in the updated
version and how it impacts your internal control system. At the end of the
class, you will prepare an outline to develop your own action plan to assist
you in evaluating your internal control system against the new Framework.
This course is primarily designed to address the full COSO ICIF. It
does not address Sarbanes-Oxley, ICEFR, or SEC ramifications or is
there an emphasis on financial reporting.
Course Duration:
2 Days
CPE Hours Available:
16 CPE
Knowledge Level:
Intermediate
Field of Study:
Auditing
Prerequisites:
Ideally, participants will have familiarity with the original (1992) COSO
Internal ControlIntegrated Framework and how it applies to assessing
controls in terms of the COSO categories of objectives and the five
components.
Advance Preparation:
None
Delivery Format:
Seminar, On-site
Course Outline:
COSO Internal ControlIntegrated Framework (IC-IF)
Risk Assessment
Compare and contrast the COSO IC-IF with the COSO Enterprise
Risk Management (ERM) Integrated Framework.
Control Environment
Control Activities
Monitoring Activities
Clarify the implications that the updated COSO IC-IF presents to the
internal audit profession and individual internal audit activities.
Wrap Up
List major concepts, techniques, and skills learned during the course.