This course is an extension of our original course on Internal Control Essentials for Management. In the past two to three years, Internal Controls have seen massive challenges and changes due to economic uncertainty, business evolution, the pandemic, work from home processes and technology. All of these issues require professionals to re-evaluate their Internal Controls and determine what the future of internal controls appears to be for their organization.
This course provides a high-level review of our initial course on management internal control essentials and place a focus on how the current operating environment impacts how organizations should view their controls structures. We, then take a detailed look at the future of Internal Controls and how organizations should begin to prepare for the shift in focus.
Learning Objectives
- Explore the Internal Control purpose and history.
- Recognize the focus on internal controls.
- Identify the advantages/disadvantages of Internal Control.
- Discover the COSO overview.
- Identify the future of Internal Controls.
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Prerequisites
No advanced preparation or prerequisites are required for this course.