Webinar: Audit 405: Designing Internal Controls for Smaller Entities

WC1521  |  Course  |  Intermediate  |  Scheduled

Description

Internal Controls to Mitigate Financial Reporting Risk - Designing Stronger Internal Controls for Small or Mid-Size Entities provide practical analysi

Credits

Number of Credits Type of Credits
2.00 Auditing

Designed For

Accountants who are responsible for evaluating the design or internal controls on financial statement audits, including audits in conformance with various compliance requirements

Prerequisites

Experience in basic audits

Highlights

The major topics covered in this course include:
  • Evolution of internal control concepts
  • Revamped 2013 COSO Internal Control - Integrated Framework
  • Designing an adequate 'umbrella' of internal controls over financial reporting to prevent, or detect and correct, material misstatement due to fraud or error
  • Specific internal control considerations and sample documentation for smaller entities
  • Additional responsibilities for the audits in accordance with the Sarbanes-Oxley Act, Government Auditing Standards and Single Audit Act requirements

Objectives

After attending this presentation, you will be able to...

  • Identify the evolution of internal control through the decades
  • Apply the revamped 2013 COSO Internal Control - Integrated Framework, including how the various components and principles interrelate to form a strong system of internal control over reliable financial reporting
  • Identify special considerations for internal controls in a smaller-entity environment
  • Distinguish important varying audit considerations, such as Sarbanes-Oxley, Government Auditing Standards, and Single Audit Act requirements

Preparation

None

Notes

Webinar Day - HELP and Assistance Instructions

  1. The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
  2. We recommend you log in early to ensure you are ready to go when the presentation begins.
  3. IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.

Prices

Member (Early Bird)
$89.00
Non-Member (Early Bird)
$89.00
Member
$89.00
Non-Member
$89.00
Your Price: $89.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

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