Learn the basic tools used to document processes and controls and identify departmental policies and procedures that function as the primary controls against errors and fraud.

The basic tools you need.

Are you able to identify departmental policies and procedures that function as the primary controls against errors and fraud?

Starting with an overview of the COSO guidance on the components and principles of internal control, this CPE self-study course will introduce you to basic tools used to document processes and controls. The course covers:

• The responsibilities of management versus those of the auditor;
• Identification of risks of errors and fraud and consideration of the presence (or absence) of related controls; and,
• How to interpret and evaluate management’s documentation of accounting processes and controls for auditors performing field work.