Master ICFR Assessments and Strengthen Your Understanding of the COSO Framework
 
Enhance your expertise in internal controls and SOX compliance with the COSO Framework: ICFR Assessments – In-Person CPE Training Event. This 8-hour comprehensive program is designed to provide professionals with a deep understanding of Internal Controls over Financial Reporting (ICFR) and their alignment with the COSO Framework. Guided by experienced instructors, this training equips you with tools, strategies, and best practices to assess and improve internal controls while earning 8 NASBA-approved CPE credits.
 
Why Attend?
Earn 8 CPE Credits - Fulfill your professional development requirements with valuable Continuing Professional Education credits, including Yellow Book (YB) compliance for government attendees.
Master ICFR and the COSO Framework - Explore the essential components, principles, and best practices of the COSO Framework for effective ICFR assessments.
Improve Internal Control Effectiveness - Learn to identify, evaluate, and enhance internal controls at all organizational levels, from entity-wide governance controls to individual process controls.
Prepare for SOX Compliance - Gain actionable insights and strategies to meet the requirements of Sections 302 and 404 of the Sarbanes-Oxley Act (SOX).
Learn from Industry Experts - Benefit from interactive training sessions led by seasoned professionals with real-world experience in SOX compliance and internal control frameworks.
 
Course Highlights
This engaging course delivers a complete understanding of the COSO Framework and actionable steps for managing ICFR assessments. Key highlights include:
Understanding the COSO Framework - Debunk myths, learn key definitions, and understand the foundational components of internal controls.
Assessing and Testing Internal Controls - Develop a methodology for scoping ICFR assessments, selecting sample sizes for key controls, and conducting effective control tests.
Adopting Best Practices for Compliance - Explore techniques to manage policies, set expectations, and prevent issues such as fraud and non-compliance.
Evaluating Control Maturity and Effectiveness - Apply frameworks like CMMI to assess the maturity and reliability of internal controls, ensuring continuous improvement.
Integrating Risk Management and Audit Practices - Understand the role of governance controls, internal and external audits, and regulatory compliance in maintaining robust ICFR systems.
 
Learning Objectives
This course equips participants with the essential skills and knowledge to improve internal controls and achieve successful ICFR assessments. Key learning outcomes include how to:
Assess Internal Controls Across Different Layers - Understand and evaluate governance controls, management controls, and process-level controls within your organization.
Link Controls to the COSO Framework Components - Master control assessments aligned with the COSO principles for effective compliance and operational optimization.
Perform Effective ICFR Assessments - Implement best practices for risk scoping, process documentation, and control self-assessments across various organizational layers.
Strengthen Compliance Efforts - Enhance your organization’s compliance programs by setting a strong “tone at the top” and understanding external auditor expectations.
Develop Proactive Fraud-Prevention Techniques - Recognize vulnerabilities, set clear compliance policies, and create frameworks to prevent fraud effectively.
 
Key Agenda Topics
Gain actionable insights and practical strategies through a detailed exploration of the following agenda topics:
 
Morning Sessions
Myths and Fundamentals of the COSO Framework
Exploring Effective Internal Controls and ICFR Governance
Tools for Evaluating Components, Principles, and Deficiencies
Afternoon Sessions
Scoping and Conducting ICFR Assessments
Testing and Measuring Control Effectiveness
Leveraging the Maturity Model for Internal Controls
Managing External Audits and Knowledge Transfer
Additional Topics:
Building narratives and documenting processes effectively.
Strengthening project management practices for ICFR implementation.
Addressing key challenges in the transition to stronger control environments.
 
Event Details
Format: Group-live, interactive CPE training with real-world case studies and examples.
Schedule: Tuesdays, 8:45 a.m. – 4:45 p.m.
Duration: 8 Hours.
Cost: $720 per participant.
Location: Offered in numerous cities to support flexible attendance options.
 
Who Should Attend?
This program is designed for professionals who are responsible for ICFR management, audit processes, and SOX compliance. Ideal participants include:
Internal Auditors: Improve audit processes with stronger knowledge of ICFR and COSO integration.
External Auditors: Gain insights into client compliance requirements and assist with ICFR evaluations.
Internal Control Professionals: Strengthen controls and governance practices within organizational frameworks.
Financial Executives: Ensure effective compliance with SOX and other financial reporting standards.
 
Why the COSO Framework Matters for ICFR
The COSO Framework provides the gold standard for internal control and risk management frameworks. It serves as the backbone of a compliant and efficient ICFR system, helping organizations ensure financial integrity and mitigate risks effectively.
 
By attending the COSO Framework: ICFR Assessments Training Event, you’ll gain practical insights and strategies to strengthen internal control systems, enhance audit efficiency, and align your organization with regulatory requirements such as SOX. This critical training builds resilience and positions organizations for long-term success in governance, compliance, and operational excellence.
 
Register Today
Don’t miss this opportunity to elevate your understanding of the COSO Framework and sharpen your ICFR assessment skills. Join the COSO Framework: ICFR Assessments – In-Person Training Event to gain hands-on experience, engage with industry leaders, and achieve your professional development goals.
 
Earn 8 CPE credits and take the next step in advancing your career in governance, compliance, and internal audits today.
 
Sign up now to secure your spot and drive your organization toward stronger, more effective internal controls!