Accounting Internal Controls

Accounting Internal Controls


Internal controls are required to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud. This course will describe the importance of internal controls and the purpose of the audit committee. This course will review the goals for internal controls and discuss the internal control framework used by most companies based in the United States. This course will describe the interrelated components of an effective internal control system. This course will discuss the importance of identifying audit risk. Finally, this course will discuss the difference between control deficiency, significant deficiency, and material weakness.

Course Objectives

At the end of this course, students will be able to:

  • Identify the purpose of internal controls.
  • Recognize the goals for internal controls.
  • Recognize the role that internal controls play in the accuracy of financial statements.
  • Recognize the reasonable assurance and inherent limitations for internal controls.
  • Identify the components of an effective internal control system.
  • Recognize the purpose of risk assessment for internal controls.


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Additional information


Field of Study

Instructional Format

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Course Author

Knowledge Level

Advanced Preparation

Program Prerequisites

Published Date

Who Should Attend
SKU: AC-102.23|Credits: 2|Accounting|eBook|Andrew Clark Category: Tags: , , is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional  education on the National Registry of CPE Sponsors. State boards of  accountancy have final authority on the acceptance of individual courses  for CPE credit. Complaints regarding registered sponsors may be  submitted to the National Registry of CPE Sponsors through its website: