Topics covered include: Five components of the COSO Framework; Conducting a risk assessment; Various types of internal controls; Obtaining an Understanding of the Control Environment; Requirements for Internal Control; Responsibility for Internal Controls; COSO Framework for Internal Control; COSO 2013 Component Evaluation. Upon completing this course, you should be able to: Recognize the five COSO components; Identify preventive & detective controls; Describe the COSO Framework components; Differentiate principles with respect to risk assessment; Identify components of internal controls and why they are important; Recognize how to best conduct ongoing/separate evaluations an entity should complete; Identify the laws to require companies to have internal controls over financial processes; Describe when the COSO Framework was originally developed and then revised; Identify principles with respect to the control environment; Differentiate components of the COSO Framework; Recognize principles with respect to the monitoring component of the COSO Framework; Identify processes supporting oversight responsibility; Recognize the components of the COSO Framework for internal control; Recognize the requirements for internal controls; Describe COSO 2013 Component Evaluation.