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.
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
CPA, PhD, CFE,
Lynford Graham, CPA