Documenting Internal Controls

Availability: CD-ROM and On-Demand Available 11/07/09

Minimum System Requirements for CD-ROMs
Windows 2000 or above, a minimum video display resolution of 800 by 600 pixels with a minimum color depth of 16-bit (thousands of colors); audio-enabled speakers or headset; 16x CD-ROM drive or faster; Microsoft Internet Explorer version 6 or higher with security settings that allow Java script, shared objects and pop-ups; Macromedia® Flash Player™ version 8 or higher; Adobe® Acrobat® Reader.

Documenting internal controls is a requirement, and an improved understanding of the process will reduce costs and increase the benefits of the task. Through the use of interactive case studies you will review the standards, learn why and how they are applied, and practice achieving goals utilizing an industry leading software package.

This series of courses has something for organizations that want to improve their internal control, would benefit from having their external auditors rely on management’s work, and for auditors of public companies. You can choose a combination of courses that best fits your needs.

About the author: Lynford Graham was formerly a partner and Director of Audit Policy at BDO Seidman LLP and a Member of the AICPA Auditing Standards Board during the development of the risk assessment suite of standards. He chaired the Risk Assessment and Audit Sampling Guide Task Forces and was previously a National Accounting and SEC Consulting Partner at Coopers and Lybrand.

Part 1. Documenting Internal Controls
CFOs, Financial Managers, Internal Auditors and External Auditors will go beyond a review of company and auditor responsibility, and the documentation process, to practice applying what they have learned in practical case studies.