| Published | 2021-03-30 |
| Platform | Udemy |
| Rating | 4.32 |
| Number of Reviews | 2 |
| Number of Students | 12 |
| Price | $49.99 |
| Subjects |
This course delves further into the expectations of COSO Principle Eight.
When the Committee of Sponsoring Organizations (COSO) 2013 Internal Control-Integrated Framework was released, a specific principle was outlined related to fraud. Principle Eight under the risk assessment component indicates:
The organization considers the potential for fraud in assessing risks to the achievement of objectives.
This principle is directly focused on “the organization” and not just the auditors. This principle is an extension of Principle Seven. Principle Seven assumes the identification of risks to the achievement of objectives in the context of stakeholders acting ethically and within standards of conduct. Principle Eight requires the identification of opportunities, pressures, incentives, and rationalizations that may lead to actions outside the bounds of such ethical conduct and standards of behavior.
This course delves further into the expectations of COSO Principle Eight. We discuss and evaluate the COSO anti-fraud guide released in September 2016 and evaluate how the Fraud principles relate to the COSO 2013 principles. We also examine actions that organizations, management, and employees should be aware of in relationship to fraud.
This course is brought to you by Illumeo. Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job. Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales, and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination. Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.