Webinar

Internal Control Fundamentals

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AU-C Section 315 requires the auditor to gain an understanding of the entity and its environment and the entity's internal controls in order to design appropriate audit procedures. This course will review the key requirements of COSO which is one of the most widely used internal control frameworks. We'll also review the limitations of internal controls. Additionally, this course will introduce the risk assessment process and the various audit procedures to evaluate controls and to determine whether to test the operating effectiveness of controls.

Major subjects

• Risk Assessment
• Internal Controls
• COSO

Learning objectives

• Describe the five components of COSO
• Recall the limitations of internal controls

Who should take this program?

• Accounting professionals

Pricing

Our records indicate you are a nonmember. If you register, you will be charged $79.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.

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