Best Practices for Internal Auditors/Part II: Internal Controls and SOX Testing v1.1
This course provides an overview of the regulatory environment that drives the testing of internal control over financial reporting to help internal auditors understand the intricacies of internal controls testing. The course also includes a discussion of the various elements in an effective internal controls testing program, the components of internal control, as well as the phases involved in a typical risk-based control testing program. The course concludes with overview actions that entities can take to strengthen internal controls.
Learning Objectives:
After completing this course, participants should be able to:
- Differentiate between the various organizations involved in the SOX compliance landscape.
- Identify various elements of an effective internal controls testing program.
- Differentiate between the five components of internal control.
- Recognize the different types of internal controls.
- List the phases included within a typical risk-based controls testing program.
- Identify the steps involved in the SOX testing process and differentiate between the various testing methods.
- Recognize actions that can be used to strengthen internal control
Prerequisites/Advanced Preparation:
Details
Course Code
:
99CHA04A
Release Date
:
02/16/2023
|
Expire Date
:
01/31/2025
|
Credits
:
|
Length
:
1hr 40min
|
Course Level
:
Basic
|
Course Type
:
QAS Self-Study
|
Passing Grade
:
70%
|
Format Type
:
eLearning
Mobile Compatible
|
Field Of Study
:
Auditing
|
|
Theme
:
Internal Audit Best Practices
|