Audit 405: Designing Internal Controls for Smaller Entities (C61933)

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Cancellation Policy

Please note that this webinar Is from a third party vendor, CPA Crossings. We strongly recommend registering no later than one-hour before the webinar begins. Please contact CPA Crossings webinar hotline if you do Not receive your webinar invitation via email within five minutes after registering:  877-370-2220 ext. 1. Thank you.

Date(s):

04/22/2024

Registration Open:

12:00 AM - 8:30 AM

Time:

8:30 AM - 10:30 AM

Facility:

 Online

Meeting Type:

Webinars

CPE Credit:

2.00

Field(s) Of Study:

Auditing (2.00)

Level of Knowledge:

Intermediate

Price:

Member: $89.00
Nonmember: $109.00

Individual Discounts:

Not Available

Overview

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

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

Speaker(s)

Prerequisites

Experience in basic audits