Udemy - Operationalizing Coso

What you'll learn
Explore the driving force behind the 2013 Committee of Sponsoring Organizations (COSO) Internal Control Framework and suggested applications beyond Internal Control Over Financial Reporting (ICFR).
Discover the benefits of applying the COSO framework to the entire organization.
Identify each of the COSO attributes and principles and recognize their application to operational and compliance processes.
Requirements
No advanced preparation or prerequisites are needed for this course.
Description
When the Committee of Sponsoring Organizations (COSO) released the COSO 2013 Framework, they specifically stated their intent that the framework be utilized for more than just Internal Control Over Financial Reporting (ICFR). Many companies have undergone and completed the mapping processes for the 17 principles to the ICFR controls. They must now examine how the framework can move into the operational stage.
Much has changed since 1992 when the COSO Framework was originally issued. Market globalization has become the norm, expectations for governance and risk management have soared in the wake of corporate scandals such as Enron and WorldCom, and laws, regulations and standards for conducting business have increased exponentially.
While the 2013 COSO Internal Control Framework retains the core components you are familiar with there is an increased focus on non-financial controls and reporting objectives. No longer is it acceptable to ignore operations in regards to the COSO framework. Today, the concepts and principles of COSO 2013 must be applied across the entire organization. However, applying these concepts across operations and compliance has proven to be very challenging for many organizations.
Background
This course will examine the COSO attributes and 17 components and speak to what procedures need to be considered to move the framework to an operational stage that also addresses compliance issues (far beyond internal control over financial reporting (ICFR). We will examine how organizations can apply the 17 new principles outlined in the 2013 COSO framework within their business. We will take our discussion far beyond financial reporting. If you would like Continuing Education Credit (e.g. CPE, CE, CPD, etc.) for this course, it is available if you take this course on the Illumeo dot com platform under course title: Moving COSO to Operationalization Stage. Illumeo is certified to provide CPE in over two dozen different professional certifications covering finance, accounting, treasury, internal audit, HR, and more. However, in order to receive CPE credit the courses must be taken on an 'approved-by-the-governing-body' CPE platform, and for over two dozen corporate professional certifications, that is the Illumeo platform. Go to Illumeo dot com to learn more.
Overview
Section 1: Introduction
Lecture 1 Introduction to Operationalizing COSO
Lecture 2 Driving Force Behind Operationalizing COSO
Lecture 3 Governance, Globalization and Business Models
Lecture 4 Laws, Accountabilities, Fraud
Lecture 5 COSO Principles: Application to Operation/Compliance Processes
Lecture 6 Control Environment
Lecture 7 Principle One and Two
Lecture 8 Principles Three, Four and Five
Lecture 9 Risk Assessment
Lecture 10 Principles Six and Seven
Lecture 11 Principle Eight
Lecture 12 Principle Nine
Lecture 13 Control Activities
Lecture 14 Principle Ten
Lecture 15 Principle Eleven
Lecture 16 Information and Communication
Lecture 17 Monitoring and Summary
Section 2: Supporting Materials
Lecture 18 Slides: Moving COSO to Operationalization Stage
Lecture 19 Moving COSO to Operationalization Stage Glossary/Index
Section 3: Review and Test
Anyone interested in finance, accounting, risk management.
Homepage

https://www.udemy.com/course/operationalizing-coso/