Internal Control Certificate Program
The Internal Control Certificate offers you a unique opportunity to develop your expertise in designing, implementing and monitoring a system of internal control in today's rapidly changing business models. Nine self-paced modules provide the knowledge necessary to understand and apply COSO's Internal Control-Integrated Framework (IC framework).
Why?
Develop confidence in the internal control systems.
The , Internal Control Certificate, will develop your expertise in designing, implementing, and monitoring an internal control system. The course materials provide a comprehensive overview of the guidance on internal control, emphasising how to apply these concepts to rapidly changing business models in your organisation.
You will learn best practices for implementing controls into your business model that are practical and relevant. Apply COSO Certification concepts to several real-world scenarios in this course to learn how to add value to your organization through improved operations, reporting and compliance.
Enhance your knowledge of the IC framework
This program will provide a brief overview of COSO's Risk Assessment and Internal Control Frameworks, then delve deeper into the details of how to assess internal control by principle. The variety of situations provided will help you apply the framework and ignite thought into how they might relate to your organization. In the final module, you will see how it all comes together by assessing an organisation's internal control system in a case study.
Once you’ve completed the nine self-paced, online learning modules and the online exam, you’ll be able to apply your newly acquired knowledge to achieve the following:
- Implementing an effecitve streamlined processes and better management of compliance costs
- Judgement to monitor an enhanced quality of risk assessment
- Strengthened fraud deterring efforts
- Improved alignment with outsourced service providers
- Heightened awareness of the technological considerations as relates to internal control
Earn CPE credit and celebrate your achievement
The COSO Internal Control Certificate program, is an online, self-study learning program. Access the materials anytime, anywhere and complete the course at your own pace. The twelve-month timeframe is flexible, allowing you to fit your studies around your schedule while keeping up with industry best practices.
Individual program: Complete self-paced online learning when it’s convenient for you
Online Exam: Complete the exam at your convenience within 90 days of finishing the learning program
Digital Badge: Receive a digital badge to share with your professional network
Who?
Participants should have at least 2-6 years of experience working with an internal control system. Basic level of exposure to COSO’s 2013 Internal Control-Integrated Framework
Professional Development
| Duration: | 16 hours (17 CP credits) |
|---|---|
| Format: | Course - Online (Voiceover Powerpoint, Audio) |
| Access: | This is a digital product. You will have access to the content for a year after purchase date. |
Learning Outcomes
- Assess a system of internal control.
- Apply key points related to the principles-based approach.
- Recognize ways to identify, assess and respond to risks in your organization.
- Identify areas for improvement based on the results of assessing internal control.
Topics covered
Modules covered
- Categories of objectives achieved by effective system of internal control
- Components of internal control
- Principles and points of focus
- Roles and responsibilities
- Limitations of internal control
Pre requisite knowledge prior to starting the program
Basic level of exposure to COSO’s 2013 Internal Control Integrated Framework.