For Small to Mid - Size Businesses.
Upon successful completion of this course participant should be able to be complete the following objectives:
-Gain a good understanding of the nature of business risk, how these risks can negatively impact the organization and the basic definition of internal controls and problems this definition has created. -Discuss Chaos Theory and materiality as a vehicle to distinguish the difference between these concepts in an audit from the development and evaluation of internal controls. -Learn the role of ethics and integrity and how they affect the effectiveness of any internal control system. -Examine the 2013 COSO model for evaluating and developing internal controls. -Apply the concepts from these models in real - world cases.
Field of Study: Auditing
5 activities • 13 videos • duration: 4h 50m
Lambers, Inc. is a leader in review courses for the EA, AFSP, and CPA exams. Lambers also offers IRS Continuing Education for Tax Preparers and CPE for CPAs. Accounting and finance professionals around the world incorporate Lambers products into their training programs.
MBA, CIA, CPA, CFE
Garland Granger is full time accounting Professor at Guilford College in Greensboro, NC. He worked for two years in banking, eight years in public accounting and has been teaching CPE and Review Course seminars professionally since 1995. Professor Granger is the primary instructor on the Lambers CPA Review Auditing Section and for the Lambers Certified Internal Auditor course. In addition he is featured on many of the Lambers CPE Course offerings. His primary focus is financial accounting issues, fraud, and internal controls. He believes that continuing education should be practical and informative as well as enjoyable. His teaching style is interactive and he enjoys using hands-on examples to reinforce his points. His sense of humor and his interactive teaching style make his seminars fun and helpful for improving the skill level of each participant in a practical manner.
Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.
Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.
Excellent Speaker and content very informative. Your level of knowledge made it easy to stay engaged with the presentation.
Good explanation of key points for each component of the COSO model. The points of focus are very helpful in getting to the point.
Good online course for understanding internal controls.
I like the course and be really helpful.
