Using the COSO Framework (Completed)

This course is designed to review the use of the COSO Framework for Internal Controls. The course will cover the five components of the COSO Framework: the control environment, control activities, information & communication, risk assessment and monitoring. We will discuss conducting a risk assessment and developing various types of internal controls.

Who Should Attend
CFOs, CEOs, business owners, business managers, internal auditors, external auditors, corporate accountants, government accountants and risk management personnel.

Topics Covered

• Five components of the COSO Framework
• Conducting a risk assessment
• Various types of internal controls

Learning Objectives

• Recognize the five COSO components
• Identify preventive & detective controls

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Accounting (1 hour), Auditing (1 hour)

Program Prerequisites
None

Advance Preparation
None