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Introduction to Processes, Risks, and Controls   

2

Total CPE
Tuition
$195.00
Approximate Length
01:40:00
Course Number
17-WB-110
2

Total CPE
Tuition
$195.00
Approximate Length
01:40:00
Course Number
17-WB-110

Course Details

This course provides context to and an awareness of processes, risks, and controls within an organization’s operations. This foundational course highlights the importance of understanding the overall business process in order to recognize its risks and to identify and test controls to mitigate those risks.

The course also introduces participants to risk considerations related to fraud. Fraud awareness is highlighted to provide participants with knowledge that will help them identify potential fraud areas when evaluating risks.

By the end of this course, participants should be able to:

  • recognize how enterprise risk management and COSO influence an organization’s processes, risks, and controls
  • define a business process
  • recognize various types of risks
  • identify various types of controls
  • identify fraud categories, drivers, and prevention and detection methods.

Note: This course references data and sources that were available at the time of development. Please visit the Internal Control Over Financial Reporting handbook for the most up-to-date insights.

Keywords: Internal Controls, Risks, Processes, COSO, ERM, Enterprise Risk Management, Fraud, Testing Controls

Other Details

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.

This course is mobile-compatible.


Level of Knowledge: Basic
Field of Study: Auditing - 2
Delivery Method: Web Based Self Study

This course provides context to and an awareness of processes, risks, and controls within an organization’s operations. This foundational course highlights the importance of understanding the overall business process in order to recognize its risks and to identify and test controls to mitigate those risks.

The course also introduces participants to risk considerations related to fraud. Fraud awareness is highlighted to provide participants with knowledge that will help them identify potential fraud areas when evaluating risks.

By the end of this course, participants should be able to:

  • recognize how enterprise risk management and COSO influence an organization’s processes, risks, and controls
  • define a business process
  • recognize various types of risks
  • identify various types of controls
  • identify fraud categories, drivers, and prevention and detection methods.

Note: This course references data and sources that were available at the time of development. Please visit the Internal Control Over Financial Reporting handbook for the most up-to-date insights.

Keywords: Internal Controls, Risks, Processes, COSO, ERM, Enterprise Risk Management, Fraud, Testing Controls

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.

This course is mobile-compatible.


Level of Knowledge: Basic
Field of Study: Auditing - 2
Delivery Method: Web Based Self Study
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Introduction to Internal Control over Financial Reporting
COSO 2013: Framework Components, Principles, and Points of Focus