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Key COSO Concepts: Managing Risk to Achieve Your Business Objectives Webinar

CPE

When
Sept. 17
9:00 a.m. - 1:00 p.m.

CPE Credits
4-A&A

Details

 Pricing

PICPA Member: $139 | Nonmember: $189


 More Information

Course No.
COS4-2020-01-WEBNR-261-01
Level
Intermediate
Prerequisites
Experience with designing, evaluating, or monitoring internal controls
Note
This webinar is hosted by PICPA's partner, Surgent CPE. After registering, you will receive an email from Surgent CPE with the log-in information.

Description

All successful entities, regardless of nature, size, and complexity, must have a well-designed and effectively operating system of internal controls over reliable financial reporting, in addition to managing other risks. This course will provide practical guidance on exactly what a sound system of internal controls “looks like” and the resulting impact on the reliability of financial statements, particularly for smaller entities. In addition, we will explore COSO’s 2013 Internal Control - Integrated Framework that is used to better manage the unique and challenging risks of today’s entities.

Highlights

  • Important elements of the 2013 COSO guidance and how they can be applied to manage threats to an entity’s ability to achieve its objectives
  • Key components of internal control per the COSO Internal Control - Integrated Framework, and the significant role each plays in the design and operating effectiveness of internal control over reliable financial reporting
  • Evaluating design and implementation of an entity’s design on internal controls, including impact on risk of material misstatement in financial statements
  • Testing controls for operating effectiveness, including determining sufficiency and appropriateness of the nature, timing, and extent of control testing procedures
  • Special considerations when using outside service organizations
  • Key concepts of the Enterprise Risk Management that expands on internal control, providing a more robust and extensive focus of broader risk management


Speaker(s)

Jennifer F. Louis, CPA

Jennifer F. Louis, CPA, has over 25 years of experience in designing and presenting high-quality training programs in a wide variety of technical accounting, auditing, and "soft skills" topics needed for professional and organizational success.  She is the principle author of audit and attest related courses for Surgent and frequent speaker at Surgent live programs and seminars.  She has received the Surgent Outstanding Discussion Leader Award because of her consistently high evaluations for knowledge and presentation skills.  Ms. Louis is also the president of Emergent Solutions Group, LLC, a company she founded in 2003, dedicated to developing and delivering a wide variety of accounting and auditing training services, including audit staff training, audit productivity improvement, and value-added auditing.  Prior to that, she was executive vice president/director of training services at AuditWatch, Inc.

Before joining AuditWatch, Ms. Louis was the financial/operational audit manager at AARP. While at AARP, she served as one of their specially trained facilitators available as a resource throughout the organization for designing and leading strategic meetings and training sessions. Ms. Louis was also an audit manager for Deloitte and Touche, LLP. During her years in that firm’s Washington, D.C. office, she served as an instructor for the firm’s national “Train the Trainers” program.

Ms. Louis graduated summa cum laude from Marymount University with a BBA in accounting.


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