Evaluating Internal Controls

Training Type: 
Live Training
Date and Time: 
Feb 4 2020 - 8:30am to 4:30pm  PST

Long Beach, CA (Hilton Long Beach)

701 W Ocean Blvd
Long Beach, CA 90831
United States
Field of Study: 
Accounting – Governmental
CPE Credits: 
Member Price: 
Non-Member Price: 


Former Director of Technical Services
Managing Partner
Government R&D Center LLC
Who Will Benefit: 

Managers, internal auditors, and others with an interest in the proper design, maintenance, and evaluation of a comprehensive internal control framework in the public sector.

Program Description: 

Participants will examine, from a state and local government perspective, each of the essential components of a comprehensive framework of internal control, along with the accompanying principles and points of focus identified in the Council of Sponsoring Organizations (COSO) most recent version of Internal Control Integrated Framework. The public-sector manager’s role in fraud prevention and detection also will be discussed.

Seminar Objectives: 

Those who successfully complete this seminar should be able to:

  • Define internal control and explain how it relates to basic managerial objectives;
  • Identify the respective responsibilities of management, the governing body, external auditors, and internal auditors in regard to internal control;
  • Identify the five essential components of a comprehensive framework of internal control;
  • Identify the 17 principles associated with those five essential components;
  • Identify the key points of focus related to each principle;
  • Describe the inherent limitations of internal control;
  • Describe the relationship between internal control and enterprise risk management;
  • Describe the relationship between internal control and fraud; and
  • Describe how fraud can be identified and how identified fraud should be managed.