A well-designed internal controls system can and will drive all entity objectives. Too many times control creators focus too much on security.
DESIGNED FOR
Accounting and other business professionals that wish to know more about controls that drive all entity objectives.
BENEFITS
After attending this presentation you will be able to...
- Identify the components of a control system
- Identify the ways that risk affects all business activities
- Use concepts such as risk appetite and risk tolerance to properly create controls
- Apply the concepts set forth in the COSO framework that relate to the control environment
- Choose the necessary steps to increase the quality of control development activities
HIGHLIGHTS
The major topics covered in this course include:
- An overview of control frameworks and concepts
- Strategic considerations that can be incorporated into control development
- Understanding and controlling risk that arises when organizations change or choose not to
- The COSO Internal Control Framework and the COSO ERM Framework
PREREQUISITES
An understanding of internal control concepts
ADVANCE PREPARATION
None