Product Image

Internal Control Best Practices for Small- and Medium-Sized Entities

Author/Moderator: Glenn Helms, PhD, CPA, CIA, CISA, CFF, CITP
Publisher: AICPA
Availability: Online Access
See Below To Add To Cart
View Online Catalog
Divider
Print This Page
Divider
Available Formats:  On-Demand | See All

This course provides practical guidance for applying the 2013 COSO Internal Control - Integrated Framework to small and medium-sized entities.

Though internal control concepts apply to every entity, regardless of size, there is no "one size fits all" set of rules that can be applied to all entities. Internal control "best practices" are often based on large entity environments, and aren't necessarily relevant to small- and medium-sized entities.

This CPE course will show you best practices for designing, implementing, monitoring, evaluating, and auditing cost-effective internal controls for small and medium-sized entities.

Key Topics:

  1. The components and principles of the 2013 COSO Internal Control - Integrated Framework
  2. IT and manual controls that can be implemented in a variety of processing environments
  3. Cost-effective controls that can be implemented in small entities, including transaction processing systems controls

Learning Objectives:
This course will prepare you to:

  1. Identify cost-effective internal controls that can be implemented for each component of the 2013 COSO Internal Control - Integrated Framework
  2. Determine controls for small entities
  3. Evaluate the risks of not implementing appropriate internal controls, and identify inexpensive compensating controls that could decrease these risks
  4. Identify different IT and manual controls that should be present in a variety of small- and medium-sized entities

Who Will Benefit?

  1. Accountants, auditors, managers, and others who are responsible for implementing, monitoring, evaluating, auditing, and designing cost-effective internal controls for small and medium-sized entities, as well as larger entities with decentralized operations

Prerequisite: None

Advance Preparation: None

NASBA Field of Study: Auditing
Level: Basic
Recommended CPE Credit: 6.5
Internal Control Best Practices for Small- and Medium-Sized Entities
CPE On-Demand , 2016
Product# 164002
Availability: Online Access 1 Year
For registered users only
Regular:$129.00
AICPA Member:$99.00
Your Price:$129.00
To receive your AICPA member discount, Sign In now, or Register using your AICPA membership number.