20WS-0073: 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.
Tuesday, April 21, 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
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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
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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
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Evaluating design and implementation of an entity's design on internal controls, including impact on risk of material misstatement in financial statements
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Testing controls for operating effectiveness, including determining sufficiency and appropriateness of the nature, timing, and extent of control testing procedures
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Special considerations when using outside service organizations
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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)
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Explain the evolution of internal control concepts, culminating in the 2013 version of COSO's Internal Control-Integrated Framework
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Describe important internal control concepts related to evaluating the design, implementation, and operating effectiveness of internal control over reliable financial reporting
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Be familiar with a more extensive enterprise-wide risk management approach guided by COSO's Enterprise Risk Management
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Be familiar with practical implementation tips and examples
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
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nonmember.
If you register, you will be charged
$139.00
(Standard Nonmember Fee).
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Standard Member Fee |
$139.00
|
Standard Nonmember Fee |
$139.00
|