Description
The session will take a deeper dive into how to create value from the required assessment of internal controls. It will also dispel some myths and miss-understandings that inhibit efficient and compliant practice. The economics of the task will be analyzed to provide a road map for more efficient practice. We will review the special "gift" the Standards provide when testing internal controls.
Learning Objectives:
- Understand what is and is not required when assessing controls
- Learn the value of integrating the risk assessment and controls assessment
- Review tips for efficient implementation and value-added opportunities
Speaker(s):
- Lynford
Graham,
CPA, PhD, CFE,
Visiting Professor,
Lynford Graham, CPA
Category:
Concurrent Session (Onsite and Online)