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Internal control

About this topic

Financial professionals are facing unprecedented changes in financial accounting and reporting. Economic, regulatory, and global forces are demanding higher-quality reporting while standards are in continual flux. These learning resources are designed to help you understand the knowledge and skills needed in the areas of financial accounting and reporting to appropriately serve their employers or clients.

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4 Critical Reasons Startups and Smaller Organizations Need Internal Control

This blog post outlines a few of the many significant benefits of a strong internal control system.

Article Internal control Foundational

5 steps to strengthen internal controls at small businesses and not-for-profits

Controls may lag at smaller organizations—yet the risks shouldn't be ignored. This article provides five low-cost steps to consider as a starting point.

Article Governance Foundational

The Use of Information Technology in Risk Management

​This report contains general information on current trends in technology tools (those becoming more visible to risk managers).

Report Internal control Foundational

Viewing cyber-security through a COSO lens

This article explores a COSO report which discusses how the 2013 internal control framework can help organisations evaluate and manage cyber-risks.

Article Internal control Foundational

How to use COSO to assess IT controls

This article shows the steps organizations can follow to understand their organization’s IT system and its controls, and assess the effectiveness of those controls.

Article IT controls Intermediate

IFRS: Inventories (IAS 2)

The purpose of this course is to familiarise you with the measurement of inventories, including any write-down to net realisable value. It also covers the cost...

Course – Online Internal control Foundational

The Updated COSO Framework: A Guide to the Changes and Impacts for Your Clients and Your Practice

The guide provides an introduction to the key updates to the Framework, a look at what’s next for you and your clients, along with some ideas for services you can...

Report Internal control Intermediate