This course provides an overview of internal control and addresses what is meant by an effective internal control system. This includes a discussion of the three primary COSO Framework objectives along with the components and principles of internal control. This course also addresses certain points of focus and how they interrelate to demonstrate an effective system of internal control.
Product Code
1000005356
Credit Type
CPE: 1
CPE-Technical: 1
Format
Online Self-Study
NASBA Field of Study
Accounting
Level of Difficulty
Basic
Prerequisites
None
Advance Preparation
None
Learning Objectives
Recall the definition of internal control and identify characteristics of an effective internal control system.
Recognize the three primary COSO Framework objectives.
Identify the COSO Framework's components, relevant principles, and points of focus and how they interrelate to demonstrate an effective system of internal control.