- NY Credits : 2.0
- TX Credits : 2.0
PCAOB Audits - Internal Control Stage
This course discusses the internal control phase of an integrated audit of a public company. It incorporates the applicable portions of AS 2201, An Audit of Internal Control Over Financial Reporting That Is Integrated with An Audit of Financial Statements, and AS 2301, The Auditor's Responses to the Risks of Material Misstatements.
Upon successful completion of PCAOB Audits - Internal Control Stage, the user should be able to:
identify the five components of the Committee of Sponsoring Organizations of the Treadway Commission (COSO) internal control framework;
indicate the objectives of an integrated audit;
explain how to plan an internal control audit;
describe how to test controls; and
list responses to fraud risk.