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The leading internal control framework businesses use is the one outlined by Committee of Sponsoring Organizations of the Treadway Commission (COSO). Examine the COSO framework's key elements and learn how the combination forms a stable internal control system.
This model, updated in 2013, defines internal control processes. This framework sets forth fundamental concepts that explain the importance of three categories of control objectives and defines five key components of Internal Control.
This session uses case studies adapted from real-world examples. Topics include:
Designed For: Accounting and business professionals.
Instructor: Karl Egnatoff, CPA
Developer: Phoenix Beach
CPE Credits: 2
Area of Study: Accounting
Prerequisite: An understanding of basic internal control principles.
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