Auditing – Evaluation of Internal Controls – Live Webinar

Current Status
Not Enrolled
Price to Purchase
Course Individually
$71.95

Course Description

Internal controls are required to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud. This webinar will describe the importance of internal controls and the purpose of audit committee. This webinar will review the goals for internal controls and discuss the internal control framework used by most companies based in the United States. This webinar will describe the interrelated components for an effective internal control system. This webinar will discuss the importance of identifying audit risk. Finally, this webinar will discuss the difference between control deficiency, significant deficiency, and material weakness.

Learning Objectives

At the end of this course, students will be able to:

  • Identify the purpose of internal controls.
  • Identify the purpose of an audit committee.
  • Recognize the goals for internal controls.
  • Recognize the internal control framework used by most companies based in the United States.
  • Identify the interrelated components for an effective internal control system.
  • Recognize the purpose of identifying audit risk.
  • Recognize the difference between control deficiency, significant deficiency and material weakness.

CPE Credit: 3 CPE for CPAs

Level: Intermediate

Instructional Method: Group Internet Based

NASBA Field of Study: Auditing

Program Prerequisites: None

Advanced Preparation: None

Revision Date: March 30, 2021