This May, COSO is releasing an update to the Internal Control – Integrated Framework: 2013 (Framework), and The IIA has developed a course that will prepare you for the future of internal audit. Learn more.
Created by respected IIA subject matter experts, including COSO Chairman David Landsittel, COSO 2013: Implementing the Framework will enable you to not only interpret the COSO 2013 Framework but implement it as well.
This new course will be offered at all remaining 2013 IIA Seminar locations, including July 9-10 at MicroTek in San Francisco.
Register today and be prepared for the future of internal audit.
The COSO Internal Control – Integrated Framework is the original framework that has gained broad acceptance and is widely used around the world. In the 20 years since its inception, business and operating environments have changed drastically (i.e. more technologically driven, more global, more complex), which has driven the need for an updated Framework.
This course examines how a principles-based approach can be used to design, implement, and evaluate a system of internal controls. You will have an opportunity to discuss the implications that the updated Framework presents to the internal audit profession and to individual internal audit activities. You will also identify opportunities for utilizing the updated Framework in your internal audit process and increase the value of your assurance and consulting services.
COSO has universal applicability, regardless of industry, sector, department size, etc. We recommend auditors and key management stakeholders attend, but this course is appropriate for a variety of audiences who have an interest in learning about the Framework (and its updates).
This course is designed for someone who has a good practical understanding of what control is and how to apply it. It is helpful to have an understanding of the original (1992) COSO Internal Control - Integrated Framework and how it applies to assessing controls in terms of the COSO objectives and the five components (shown in the COSO cube). We will be reviewing what has changed (as a comparison only) and how it impacts your internal control system. As a result of the class, you will walk away with an outline/action plan for evaluating your system against the new framework.
Course Duration: 2 day(s)
CPE Hours Available: 16
Knowledge Level: Intermediate
Field of Study: Auditing
Ideally, participants will have familiarity with the original (1992) COSO Internal Control - Integrated Framework and how it applies to assessing controls in terms of the COSO objectives and the five components (shown in the COSO cube).
Delivery Format: On-site Training (Group-Live); Seminar (Group-Live)