OVERVIEW
The new COSO framework was released in May 2013. Original compliance date was set as December 2014. Many companies are still working towards compliance. This will turn up the focus on how its guidance should be used by companies and auditors when evaluating processes for Sarbanes-Oxley and other control requirements. Key aspects have been added to mandate knowledge of business and regulatory changes as well as an increased focus on information technology and its controls. It is imperative that management, compliance professionals, legal professionals and audit professionals all understand the roles and responsibilities incumbent upon them when it relates to internal control. It is also imperative that management learn and accept their critical role as it relates to the management and monitoring of internal controls.
WHY SHOULD YOU ATTEND
All individuals involved in oversight, management, monitoring and auditing processes within an organization will need to heighten their awareness of basic controls and their link to corporate strategies and regulatory and business requirements.
AREAS COVERED
- The reason internal control has become a strategic focus for companies
- Overview of the impending new COSO framework release and its impact on companies
- Methods to educate management on responsibilities for control processes and understanding the term “internal control”
- Evaluating implications when management does not pay attention to internal controls
- Key monitoring methods for management to utilize when evaluating internal controls
- Review of the standardized SOX 302 and 404 sign-off processes and considerations for enhancement
WHO WILL BENEFIT
- Board Members
- Management
- Risk and Legal Professionals
- Internal Auditors
- Compliance Professionals
- Process Improvement Professionals
LEARNING OBJECTIVES
In today’s business world, the term, internal control, is assumed to be a well-known and understood concept. Yet, with all the regulations, attention and focus on the issue, control gaps continue to pervade processes and result in a wide array of business failures and issues.
For more detail please click on this below link:
Email: support@trainingdoyens.com
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882
Comments