CPE Webinars

Understanding the COSO Framework for Internal Controls (COSO4) (September 8, 2021, 9:00 - 12:30 PM CST)

Internal controls over financial reporting are used to prevent, detect, and correct misstatement. They also help to reduce the chance that fraud will occur. The auditor is required to obtain an understanding of an entity’s controls as part of the risk assessment process. This workshop will provide participants with an opportunity to explore the design of controls over the significant systems typically found in a small- to mid-size client through the use and understanding of the COSO framework.

Designed For...

  • Audit practitioners working on audits of non-public companies

  • Accountants in industry who want to improve their entity’s internal controls

Learning Objectives:

Participants will be able to:

  • Describe the evolution of internal controls and its impact on the profession

  • Recognize the professional requirements and guidance related to internal control considerations in an audit, including their relationship to risk assessment

  • Develop a basic understanding on how to test and audit internal controls

  • Identify and assess the principles of the COSO Framework related to entity-level controls that applies to the control environment, risk assessment, information and communication and monitoring

  • Apply and document your understanding of control activities elements of the COSO Framework

Prerequisites/Advanced Preparation:

Basic audit course or experience

Speaker / Author:

Salvatore Collemi, Collemi Consulting & Advisory Services

Software & Hardware Requirements:

  • 56k or Greater Internet Connection

Event Dates


Course Code : ACE-19092_LZ

Expire Date : 09/09/2021
Credits :
CPE 4.00

Length : 3hr 20min
Course Level : Intermediate
Course Type : Group Internet-Based
Format Type : Webinar
Field Of Study : Auditing

Event Date : 09/08/2021 09:00 AM

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