Accounting Internal ControlsCode: 24-ICCONT

Price: $19.95
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Course Details

58 pages

Course description and objectives:

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

• Recognize the goals for internal controls.

• Recognize the role that internal controls play for the accuracy of financial statements.

• Recognize the reasonable assurance and inherent limitations for internal controls.

• Identify the components of an effective internal control system.

• Recognize the purpose of risk assessment for internal controls.

Presentation Method:   Self-Study


Category:  Accounting

CPE credit:  2 Hours

Program Level:  Update

Prerequisites:  None

Advance Preparation:  None

Exam expiration date:  Participants must submit exams for grading within one year from the date of purchase


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great course and content
Patrick DiSalvo
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DiSalvo & Associates PLLC
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This is an excellent course. It's long, but very well organized.
Glenn Koszka
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Glenn T. Koszka, CPA
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