COSO 2013 Control Activity Compliance

COSO 2013 Control Activity Compliance, available at $54.99, has an average rating of 4.65, with 11 lectures, 2 quizzes, based on 30 reviews, and has 146 subscribers.

You will learn about Define the Control Activity component for COSO 2013. Examine the three principles supporting the control environment. Analyze sixteen points of focus that supports the three principles of control activities. How to utilize these points of focus most efficiently in your transition process. Design of principles vs. execution – understanding the critical difference. Proper mapping for control activities. This course is ideal for individuals who are Anyone interested in Accounting, Risk Management, and Finance or related fields. It is particularly useful for Anyone interested in Accounting, Risk Management, and Finance or related fields.

Enroll now: COSO 2013 Control Activity Compliance

Summary

Title: COSO 2013 Control Activity Compliance

Price: $54.99

Average Rating: 4.65

Number of Lectures: 11

Number of Quizzes: 2

Number of Published Lectures: 11

Number of Published Quizzes: 2

Number of Curriculum Items: 13

Number of Published Curriculum Objects: 13

Original Price: $22.99

Quality Status: approved

Status: Live

What You Will Learn

Define the Control Activity component for COSO 2013.

Examine the three principles supporting the control environment.

Analyze sixteen points of focus that supports the three principles of control activities.

How to utilize these points of focus most efficiently in your transition process.

Design of principles vs. execution – understanding the critical difference.

Proper mapping for control activities.

Who Should Attend

Anyone interested in Accounting, Risk Management, and Finance or related fields.

Target Audiences

Anyone interested in Accounting, Risk Management, and Finance or related fields.

It’s been more than 20 years since the Committee of Sponsoring Organizations of the Treadway Commission (COSO) released its Internal Control—Integrated Framework (the original framework). The new framework will become effective in December 2014.?Professionals must first obtain a basic understanding of the concepts, principles and potential impact, including changes from the 1992 framework and the key COSO components and related principles.

COSO 2013 maintains the same five components previously identified within the 1992 framework.? These include:

Control Environment

Risk Assessment

Control Activities

Information & Communication

Monitoring

This course is designed to focus on the Control Activity component and the three separate principles that support this component.?

Control Activity is named as the third component within COSO 2013. Control Activities are actions defined through policies and procedures that help ensure management directives to mitigate risks to the achievement of objectives are carried out.? Control activities are performed at all levels of the organization and at various stages of business processes and technology.?

The organization selects and develops control activities that contribute to the mitigation of risks to the achievement of objectives to acceptable levels.?????????

The organization selects and develops general control activities over technology to support the achievement of objectives.?????

The organization deploys control activities through policies that establish what is expected and procedures that put policies into place.

Management and the external auditors must understand each of these principles and be able to adequately support that they exist, are appropriately designed and functioning.? In addition, the components must effectively work in combination to provide for a positive attestation to internal controls.

The course dissects the three principles and important concepts that companies need to understand and support in order to provide that the principles are in place and functioning.? We also discuss concepts related to mapping the principles to controls within the organization.

If you would like Continuing Education Credit (e.g. CPE, CE, CPD, etc.) for this course, it is available if you take this course on the Illumeo dot com platform under course title: COSO 2013 Control Activity Compliance. Illumeo is certified to provide CPE in over two dozen different professional certifications covering finance, accounting, treasury, internal audit, HR, and more. However, in order to receive CPE credit the courses must be taken on an ‘approved-by-the-governing-body’ CPE platform, and for over two dozen corporate professional certifications, that is the Illumeo platform. Go to Illumeo dot com to learn more.

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction to the Control Activity Attribute

Lecture 2: Defining Control Activities

Lecture 3: Control Activity Principles

Lecture 4: Principle 10

Lecture 5: Principle 11

Lecture 6: Principle 12

Lecture 7: Mapping CE Principles and Course Summary

Lecture 8: COSO 2013 Control Activity Compliance

Chapter 2: Supporting Materials

Lecture 1: Slides: Control Activities

Lecture 2: Control Activity Glossary/Index

Lecture 3: Bonus Material: Manager’s responsibility for Internal Control

Chapter 3: Review and Test

Instructors

Illumeo Learning
Condensed and Efficient Courses for Busy Professionals

Lynn Fountain (Illumeo)

Rating Distribution

1 stars: 0 votes

2 stars: 1 votes

3 stars: 3 votes

4 stars: 9 votes

5 stars: 17 votes

Frequently Asked Questions

How long do I have access to the course materials?

You can view and review the lecture materials indefinitely, like an on-demand channel.

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