Do you use Microsoft (Office) 365? Are you satisfied that you are getting the most that you can from it? If you answered yes then no, this course will provide a really high return on your investment of time and money in this application suite. John Higgins, one of the profession's leading experts on the integration of Microsoft 365 into business, will explain and demonstrate the depth and breadth of the Microsoft 365 ecosystem. The course is designed to raise your awareness of all that you can do with Microsoft 365 and substantially increase your monthly subscription ROI. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event. This course qualifies for Yellowbook.
Learning Objectives
After attending this presentation you will be able to...
- Discuss generally accepted audit requirements related to testing controls for operating effectiveness
- Explain how to evaluate the results of a control reliance test for operating effectiveness
- Describe the use of Service Organization Control (SOC1) Reports on a financial statement audit
- Identify the impact of a control reliance strategy on a detailed audit plan
Major Topics
The major topics covered in this class include:
- Generally accepted audit requirements related to testing controls for operating effectiveness
- Identifying key controls that may prove effective and efficient to test in a control reliance strategy
- Responses when deviations are discovered when evaluating the design or operating effectiveness of internal control
- Leveraging audit evidence available for Service Organization Control (SOC1) Reports
- General computer control considerations when evaluating the design and operating effectiveness of internal control over financial reporting
