Learning Objectives:
Those who successfully complete this seminar should be able to:
- Define internal control and explain how it relates to basic managerial objectives
- Identify the respective responsibilities of management, the governing body, external auditors, and internal auditors in regard to internal control
- Identify the five essential components of a comprehensive framework of internal control
- Identify the 17 principles associated with those five essential components
- Identify the key points of focus related to each principle
- Describe the inherent limitations of internal control
- Describe the relationship between internal control and enterprise risk management
- Describe the relationship between internal control and fraud
- Describe how fraud can be identified and how identified fraud should be managed
Field of Study: Auditing (governmental)
Credits: 8
Level: Basic
Prerequisite: None
Details:
September 1, 2021 - 1:00 pm to 5:00 pm ET
September 2, 2021 - 1:00 pm to 5:00 pm ET
Member Price: $280.00
Non-member Price: $560.00