Sarbanes-Oxley (SOX)- Top Down Risk Assessment Part 1

Sarbanes-Oxley (SOX): Top Down Risk Assessment Part 1, available at $49.99, has an average rating of 3.9, with 12 lectures, 2 quizzes, based on 51 reviews, and has 232 subscribers.

You will learn about Explore a top down accounting Risk Assessment (RA). Explore the importance of entity level controls. Identify types of entity controls. Explore linking controls to financial statement assertions. Explore Committee of Sponsoring Organizations (COSO) principles to evaluate for the existence of required controls. This course is ideal for individuals who are Anyone interested in Accounting, Finance, Risk Management, Internal Audit, or related fields. It is particularly useful for Anyone interested in Accounting, Finance, Risk Management, Internal Audit, or related fields.

Enroll now: Sarbanes-Oxley (SOX): Top Down Risk Assessment Part 1

Summary

Title: Sarbanes-Oxley (SOX): Top Down Risk Assessment Part 1

Price: $49.99

Average Rating: 3.9

Number of Lectures: 12

Number of Quizzes: 2

Number of Published Lectures: 11

Number of Published Quizzes: 2

Number of Curriculum Items: 14

Number of Published Curriculum Objects: 13

Original Price: $39.99

Quality Status: approved

Status: Live

What You Will Learn

Explore a top down accounting Risk Assessment (RA).

Explore the importance of entity level controls.

Identify types of entity controls.

Explore linking controls to financial statement assertions.

Explore Committee of Sponsoring Organizations (COSO) principles to evaluate for the existence of required controls.

Who Should Attend

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

Target Audiences

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

In the early years of Sarbanes-Oxley (SOX), organizations went to significant detail documenting and testing financial processes. The Public Company Accounting Oversight Board (PCAOB) stressed in Auditing Standard 5 (AS5) the need to focus testing on those accounts that could materially impact the financial statements. AS5 prescribes that the auditor should use a top-down approach to the audit of Internal Control Over Financial Reporting (ICFR).

Although AS5 provides guidance on performing a top-down Risk Assessment (RA), many organizations still struggle with the concept. This course will focus on the requirement for a top-down RA and processes your organization can utilize to effectively apply the approach.? We will cover critical concepts of AS5 risk factors when identifying significant accounts as well as the importance of evaluating entity level controls.

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: Sarbanes-Oxley (SOX): Preparing for a Top Down Risk Assessment Part 1. 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 Sarbanes-Oxley (SOX): Preparing for a Top Down Risk Assessment P

Lecture 2: Critical Components of Top Down Assessment

Lecture 3: Types of Entity Controls

Lecture 4: Assertions

Lecture 5: Significant Accounts

Lecture 6: Information Technology

Lecture 7: COSO Principles

Lecture 8: Scoring and Rating

Lecture 9: Course Summary

Chapter 2: Supporting Materials

Lecture 1: Slides: Preparing for a Top Down Risk Assessment Part 1

Lecture 2: Preparing for a Top Down Risk Assessment Part 1Glossary/Index

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: 10 votes

4 stars: 29 votes

5 stars: 11 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.

Can I take my courses with me wherever I go?

Definitely! If you have an internet connection, courses on Udemy are available on any device at any time. If you don’t have an internet connection, some instructors also let their students download course lectures. That’s up to the instructor though, so make sure you get on their good side!