Obtaining an Understanding of Internal Control

Understand internal control

Understand internal control in risk assessment as required by GAAS. Gain an overview of internal control and related key aspects so that you recognize auditor and management roles and responsibilities related to internal control and procedures involved in understanding an entity’s internal control in a risk assessment.

Learning Objectives:

· Recognize the importance of understanding internal control.

· Recall factors and procedures that an auditor should consider when obtaining an understanding of the entity and its environment, including internal control.

· Recall definitions and key aspects of internal control from various organizations.

Who will benefit:

· Financial statement auditors

· Internal auditors

· Entity management involved in financial statement audits

THIS IS AN AICPA HOSTED WEBCAST. YOU WILL LAUNCH THE COURSE FROM YOUR OSCPA LEARNING PORTAL. AICPA WILL ISSUE AND MAINTAIN YOUR CREDITS. PLEASE MAKE SURE TO DOWNLOAD YOUR CPE CERTIFICATE FROM AICPA WEBCAST PORTAL AT THE CONCLUSION OF THE WEBCAST.