to receive member fee.
Technological advances, cybersecurity threats, increased regulatory scrutiny, globalization, and other challenges have caused entities and auditors to struggle with proper consideration of the cost-benefit of internal controls, recognizing that a well-designed system does not have to prevent or detect all internal control deficiencies -- just ones that matter most to the entity's objectives related to financial reporting, compliance, operations and strategy. This course provides practical guidance on what a sound system of internal controls "looks like" and its impact on the reliability of financial statements, particularly for smaller entities. In addition, a broader discussion of enterprise-wide risk management will be discussed in accordance with COSO's Enterprise Risk Management -- Integrated Framework.
Accountants responsible for designing, evaluating, and/or monitoring internal controls over financial reporting
NASBA ID#: 103212
Self-Study (Downloadable PDF)
Experience with designing, evaluating, or monitoring internal controls