March 24, 2025


Webinar


2 CPE

Audit 405: Designing Internal Controls for Smaller Entities

March 24, 2025
Webinar
2 CPE

Audit 405: Designing Internal Controls for Smaller Entities

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    Instructor

    Jennifer
    Louis

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Learning Objectives

  • After attending this presentation, you will be able to...

    • Identify the evolution of internal control through the decades
    • Apply the revamped 2013 COSO Internal Control
    • Integrated Framework, including how the various components and principles interrelate to form a strong system of internal control over reliable financial reporting
    • Identify special considerations for internal controls in a smaller-entity environment
    • Distinguish important varying audit considerations, such as Sarbanes-Oxley, Government Auditing Standards, and Single Audit Act requirements

Major Topics

  • The major topics covered in this course include:
    • Evolution of internal control concepts
    • Revamped 2013 COSO Internal Control
    • Integrated Framework
    • Designing an adequate 'umbrella' of internal controls over financial reporting to prevent, or detect and correct, material misstatement due to fraud or error
    • Specific internal control considerations and sample documentation for smaller entities
    • Additional responsibilities for the audits in accordance with the Sarbanes-Oxley Act, Government Auditing Standards and Single Audit Act requirements

CPE Credits Available

2 CPE
2
Auditing

Things to Know About This Course

Course Level

  • Intermediate

Professional Area of Focus

  • A&A

Advanced Preparation

None

Intended Audience

Accountants who are responsible for evaluating the design or internal controls on financial statement audits, including audits in conformance with various compliance requirements

Provider

CPA Crossings, LLC

Register For This Event

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