Effective Use of the COSO Framework - In-Person

Master the COSO Framework to Enhance Your Organization’s Internal Controls and Risk Management
 
The Effective Use of the COSO Framework – In-Person CPE Training Event is an interactive two-day seminar designed for professionals looking to improve their organization’s internal controls, refine risk management practices, and ensure alignment with regulatory standards. Participants will gain in-depth knowledge of the COSO Framework’s five core components—control environment, risk assessment, control activities, information and communication, and monitoring activities—through practical applications, real-life examples, and case studies.
 
Earn 16 NASBA-approved CPE credits and elevate your skills to design, evaluate, and enhance internal control systems that drive organizational success and compliance with industry standards.
 
Why Attend?
Earn 16 CPE Credits - Boost your professional credentials while mastering the COSO IT Framework which is one of the most widely used frameworks in corporate governance and internal auditing.
Enhance Compliance and Governance - Understand the COSO Framework’s principles-based approach to fortify risk management, accountability, and transparency within your organization.
Develop Practical Skills - Learn actionable strategies to conduct internal control assessments, mitigate risks, and document testing evidence effectively.
Learn from Industry Experts - Benefit from the extensive knowledge of seasoned professionals with hands-on experience implementing the COSO IT Framework.
 
What You’ll Learn
This seminar provides actionable insights into the practical application of the COSO IT Framework within organizations to improve corporate governance, risk management, and internal controls. Key learning objectives include:
Understanding the COSO Framework - Discover the five components, 17 principles, and 85 points of focus foundational to the COSO Framework.
Conducting Risk Assessments - Learn to identify and evaluate risks across financial, operational, compliance, and IT functions.
Building Robust Internal Control Systems - Explore methods for improving controls that support financial reporting integrity and operational efficiency.
Testing and Documenting Effectiveness - Develop skills to test internal control processes, gather evidence, analyze results, and document findings comprehensively.
Evaluating Deficiencies and Remediation - Understand how to identify control deficiencies and implement corrective actions effectively.
Preparing for ICFR Reporting - Gain clarity on SOX ICFR reporting requirements and ensure compliance with SEC mandates.
 
Seminar Highlights
This training emphasizes a hands-on approach with real-world examples and managerial insights. Key highlights include:
Interactive Learning Environment - Participate in group discussions and exercises to deepen your grasp of COSO-based internal control strategies.
Best Practices from Experts - Gain actionable insights from experienced practitioners specializing in internal control and risk management.
Comprehensive Resource Materials - Access tools and methodologies to implement internal controls aligned with organizational goals.
 
Key Agenda Topics
The seminar is structured to provide an in-depth understanding of core concepts and advanced applications. Key topics include:
Introduction to Internal Control Concepts
Overview of the COSO Framework’s scope and relevance.
Pareto’s Law, Moore’s Law, and their impact on internal controls.
Integration of Risk Management and Control Activities
Entity-level controls within COSO.
Linking business objectives to risks and internal controls to ensure coverage.
Conducting Risk Assessments
How to integrate risk assessment processes within operations and financial reporting.
Identifying and Testing Internal Controls
Steps to classify and evaluate controls as preventive, detective, manual, or automated.
Sampling methodologies and techniques for operational effectiveness testing.
Evaluating Control Deficiencies
Understanding how deficiencies impact financial statements and implementing remediation.
Opining on Internal Controls Over Financial Reporting (ICFR)
Evidence gathering, reporting to external auditors, and aligning to SEC expectations.
Building a Culture of Compliance
Practical steps to foster accountability and transparency using COSO-based frameworks.
 
Event Details
Format: Live, in-person sessions guided by experienced industry facilitators.
Schedule:
Day 1 (Thursday): 9:00 a.m. – 5:00 p.m.
Day 2 (Friday): 9:00 a.m. – 4:00 p.m.
CPE Credits: Earn 16 credits upon completion.
Cost: $1,440 per attendee.
Locations: Multiple cities nationwide, with sessions available monthly.
Prerequisites: None – open to professionals of all backgrounds looking to advance their internal control expertise.
 
Who Should Attend?
This program is ideal for professionals tasked with improving internal controls and risk management, including but not limited to the following roles:
Internal Auditors strengthening COSO proficiency.
Compliance Officers ensuring regulatory alignment.
Finance Leaders looking to optimize ICFR systems.
Risk Managers tasked with improving organizational resilience.
IT Professionals focused on governance and cybersecurity.
 
Why COSO Framework Mastery Matters
Having a solid understanding of the COSO Framework is essential for any organization aiming to build robust internal controls, enhance compliance, and safeguard both operational and financial integrity. Mastering COSO empowers you to identify weaknesses proactively, mitigate risks, and ensure a resilient organizational framework in a dynamic regulatory environment.
 
Register Today
Don’t miss the opportunity to hone your skills and transform your organization’s internal controls and governance systems. Join the Effective Use of the COSO Framework – In-Person CPE Training Event to gain expert insights, practical tools, and 16 CPE credits while advancing your professional credentials.
 
Register now and elevate your understanding of the COSO Framework to achieve operational excellence and compliance!