This course will review the intent and practical application of the COSO framework for maximum efficiency and protection. Internal controls are often misunderstood by our coworkers as "things that get in the way." But a good system of internal controls will support getting work done the right way and protect against the ultimate failure : fraud. This session will review the intent and practical application of the COSO framework for maximum efficiency and protection.
Learning Objectives
Intermediate
Major Topics
How do you define internal controls?;Three objectives of internal controls;The COSO Cube;Elements of a Successful System;Key Takeaways
