CMA US Part 1- Section E - Internal Controls

CMA US Part 1- Section E - Internal Controls

Welcome to the course.

This video tutorial traverses through understanding of internal controls, corporate governance, risk, compliance & system controls. In this tutorial, you will learn --

Governance, Risk, and Compliance - This section introduces you as a learner to -

-- Corporate Governance
-- Responsibilities of the Board of Directors
-- Audit Committee Requirements, Responsibilities and Authority
-- Responsibilities of the Chief Executive Officer (CEO)
-- Election of Directors

Internal Control - This section focuses on -
-- Internal Control Definition
-- The Importance of Objectives
-- Who Is Responsible for Internal Control?
-- Components of Internal Control
-- What is Effective Internal Control?
-- Transaction Control Objectives
-- Types of Transaction Control Activities
-- Safeguarding Controls

Legislative Initiatives About Internal Control - This section focuses on -
-- Foreign Corrupt Practices Act (FCPA)
-- Sarbanes-Oxley Act and the PCAOB

External Auditors’ Responsibilities and Reports - This section focuses on -
-- Financial Statement Opinion
-- Internal Control Opinion
-- Reviews and Compilations
-- Reports to the Audit Committee of the Board of Directors

System Controls & Other topics - This section focuses on -
-- Introduction to System Controls
-- Threats to Information Systems
-- Classification of Controls
-- Internet Security
-- Business Continuity Planning


All explanations are based on CMA-USA-Part-1 syllabus which is considered as gold-level standard for management accounting profession. Teaching methodology is based on join-thedots pedagogy inter-linkage of multi-discipline subjects, a very powerful tool for aspiring leaders.

This course is suitable for candidates pursuing CMA-USA or CMA-India/CIMA-UK or candidates pursuing a career in finance & accounting. Feel free to drop us a message if you need any assistance for CMA-USA course material or any other queries.

Happy Learning

CMA Kiran
C2C Consulting

Internal Controls

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What you will learn

• Internal Controls
• Corporate Governance
• Legislative Initiatives About Internal Controls

Rating: 0

Level: Intermediate Level

Duration: 6.5 hours

Instructor: C2C Consulting