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20WS-1435: Surgent's Key COSO Concepts: Managing Risk to Achieve Your Business Objectives (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Thursday, September 17, 2020
8:00am - 11:30am Central Time
4 CPE (4 technical)

All successful entities, regardless of nature, size, and complexity, must have a well-designed and effectively operating system of internal controls over reliable financial reporting, in addition to managing other risks. This course will provide practical guidance on exactly what a sound system of internal controls "looks like" and the resulting impact on the reliability of financial statements, particularly for smaller entities. In addition, we will explore COSO's 2013 Internal Control - Integrated Framework that is used to better manage the unique and challenging risks of today's entities.

Major subjects

  • Important elements of the 2013 COSO guidance and how they can be applied to manage threats to an entity's ability to achieve its objectives
  • Key components of internal control per the COSO Internal Control - Integrated Framework, and the significant role each plays in the design and operating effectiveness of internal control over reliable financial reporting
  • Evaluating design and implementation of an entity's design on internal controls, including impact on risk of material misstatement in financial statements
  • Testing controls for operating effectiveness, including determining sufficiency and appropriateness of the nature, timing, and extent of control testing procedures
  • Special considerations when using outside service organizations
  • Key concepts of the Enterprise Risk Managementthat expands on internal control, providing a more robust and extensive focus of broader risk management

Learning objective(s)

  • Explain the evolution of internal control concepts, culminating in the 2013 version of COSO's Internal Control-Integrated Framework
  • Describe important internal control concepts related to evaluating the design, implementation, and operating effectivenes

Who should take this program?

Accountants both in public and private practice responsible for designing, evaluating, and/or monitoring internal controls over financial reporting

Fees

Our records indicate you are a nonmember. If you register, you will be charged $139.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $139.00
checkmark Standard Nonmember Fee $139.00

More program information

Instructor Jennifer Louis, CPA
Location Online
Area
of study
Management
Field(s)
of study
Auditing - Technical (4.0)
Level Intermediate
Format Group Internet Based
Sponsor Surgent
NASBA ID#: 103212
Prerequisites Prereq. Experience with designing, evaluating, or monitoring internal controls
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.