Risk Assessment, Part 1 of 2
Credit
CPE:1.5
Publisher
COSO
Description
In this module, you will learn more specifically about risk assessment component. We will discuss the four principles related to risk assessment.Remember that all four principles apply to each category of objective, as well as to subobjectives within a category.
Upon completion of this module, you should be able to do the following:
- Recall key concepts included in the framework related to the risk assessment component of internal control
- Recall key concepts related to principles 6 and 7 of the framework and related points of focus
- Apply the concepts with regard to principles 6 and 7 of the framework to a variety of organizational examples in achieving operations, reporting, andcompliance objectives