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)