The world has changed, and Information Technology (IT) is no longer simply a back office function. Information Technology (IT) is of strategic importance to internal control for organizations. This control includes appropriate controls over cyber security threats.
This course speaks directly to the importance of general controls (GC), application controls (AC) and spreadsheet controls as they relate to all operational, financial, and compliance processes.
This course covers:
- Explore the 2013 Committee of Sponsoring Organizations (COSO) Framework and recognize the link to Information Technology (IT) Controls
- Explore the IT Control Framework, and recognize how to approach IT evaluation
- Explore IT Entity controls
- Explore Application Controls (AC) vs. General Controls (GC)
Prerequisites
No Advanced Preparation or Prerequisites are needed for this course.
Learning Objective
- Explore the 2013 Committee of Sponsoring Organizations (COSO) Framework and recognize the link to Information Technology (IT) Controls.
- Explore the IT Control Framework, and recognize how to approach IT evaluation.
- Explore IT Entity controls.
- Explore Application Controls (AC) vs. General Controls (GC).
Last updated/reviewed: March 26, 2024
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Lynn Fountain
CPA, CGMA, CRMA, MBA, cPIA, Consultant, Author, Trainer
INTRODUCTION and OVERVIEW
IT Risks
- IT System Definition and Benefits of Internal Control 8:32
- IT Governance 15:44
- Performance Management 10:40
- Coso and Information Technology 7:29
- Coso Link Risk Assessment 9:45
- IT Control Framework Cobit 8:44
- IT General Controls 14:11
- Application Controls 10:25
CONCLUSION
- Summary 2:54
CONTINUOUS PLAY
SUPPORTING MATERIALS
- Slides: Information Technology (IT) Controls in Emerging Business Environments PDF
- Information Technology (IT) Controls in Emerging Business Environments Glossary/Index PDF
REVIEW and TEST
- REVIEW QUESTIONS quiz
- FINAL EXAM exam
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