Course Description

A properly designed and effectively operating system of internal control is critical to risk management.  This course will provide insights into the most important concepts related to internal control to mitigate financial reporting and other risks in the current environment. 

Course Highlights:

• Current events – Why this topic is important now more than ever!
• Overview of the COSO Report: Internal Control – Integrated Framework
• Defining the components that comprise a sound internal control environment
• Organization tone – How it influences the control consciousness of its people
• Analyzing risks relevant to achieving financial reporting objectives
• Identifying key controls over financial reporting

Learning Objectives

• Identify the evolution of internal controls
• Recognize the components of internal control per the COSO Framework
• Explore best practices for designing, implementing and monitoring internal controls over reliable financial reporting in a less complex environment

Prerequisites

• None