0   reviews on Udemy

COSO 2013 Monitoring

This course focuses on the principles and points that support the Monitoring component of COSO.
Course from Udemy
 2 students enrolled
 en
Defining the Monitoring Component for COSO 2013.
Examining the principles supporting the Monitoring component.
Exploring how the Monitoring component connects to the other components of COSO.

The fifth and final component of COSO 2013, this course focuses on the two separate principles and related points that support the Monitoring component.

COSO 2013 maintained the same five components previously identified within the 1992 framework. These include:

  • Control Environment

  • Risk Assessment

  • Control Activities

  • Information & Communication

  • Monitoring

Monitoring represents ongoing or separate evaluations--or some combination of the two--used to ascertain whether each of the five key COSO components of internal control are present and functioning.

Simply put, monitoring refers to your organization’s ability to observe the effectiveness of the daily operation of controls, individually and in cooperation with other controls. Management as well as external auditors must understand each of these principles and be able to validate that they exist, are appropriately designed and functioning. In addition, the components must effectively work in combination to provide for a positive attestation to internal controls.

This course covers:

  • Principles supporting the Monitoring component

  • Articulation of points of focus supporting the monitoring component

  • Understanding how to utilize the POF most efficiently in your transition process

  • Differentiation between principles and execution

  • How Monitoring supports other COSO components

If you would like Continuing Education Credit (e.g. CPE, CE, CPD, etc.) for this course, it is available if you take this course on the Illumeo dot com platform under course title: COSO 2013 Requirements for Complying with the Monitoring Component of COSO. Illumeo is certified to provide CPE in over two dozen different professional certifications covering finance, accounting, treasury, internal audit, HR, and more. However, in order to receive CPE credit the courses must be taken on an ‘approved-by-the-governing-body’ CPE platform, and for over two dozen corporate professional certifications, that is the Illumeo platform. Go to Illumeo dot com to learn more.

COSO 2013 Monitoring
$ 24.99
per course
Also check at

FAQs About "COSO 2013 Monitoring"

About

Elektev is on a mission to organize educational content on the Internet and make it easily accessible. Elektev provides users with online course details, reviews and prices on courses aggregated from multiple online education providers.
DISCLOSURE: This page may contain affiliate links, meaning when you click the links and make a purchase, we receive a commission.

SOCIAL NETWORK