Accounting Foundations Internal Controls

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    Accounting Foundations Internal Controls

    Accounting Foundations Internal Controls

    Knowingly—or unknowingly—reporting fraudulent information in your financial statements can lead to catastrophic consequences for your business.

    To prevent fraud, you need a series of internal controls, including a top-down control environment, physical controls, and ongoing monitoring.

    This course teaches you how to use these internal controls to increase the integrity of your financial statements.

    Professors Jim and Kay Stice take a look at the types of financial reporting problems that can occur and safeguards to minimize them.

    They also discuss the impact of Sarbanes-Oxley (SOX), and the compliance requirements for U.S. businesses that fall under the act.

    Plus, find out how the Securities and Exchange Commission enforces accurate financial reporting in the securities market and beyond.

    Accounting Foundations Internal Controls

    Note: This course does not satisfy compliance training requirements for SOX.

    Topics include:

    Common problems in financial statements
    Segregating duties and physical controls
    Conducting independent checks
    Earnings management
    Sarbanes-Oxley requirements
    Internal vs. external auditing
    How the SEC regulates financial documentation

    Course information :

    MP4 | Video: AVC, 1280×720 30 fps | Audio: AAC, 48 KHz, 2 Ch | Duration: 1h 46m
    Skill Level: Intermediate | Genre: eLearning | Language: English + Subtitles | Size: 858 MB

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