Introduction to Internal Control COSO Framework | Principles of Internal Control | CPA Exam ch 6 p
Internal control is all of the policies and procedures management uses to achieve the following goals. Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.
✔️Accounting students and CPA Exam candidates, check my website for additional resources: farhatlectures.com/
📧Connect with me on social media: linktr.ee/farhatlectures
#CPAEXAM #financialaccounting #accountingstudent
Пікірлер: 33
Sir, I have been in this profession over 30 years. You have the gift of being able to make difficult concepts understandable. Thank you.
@AccountingLectures
3 жыл бұрын
You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/courses ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com
This is a very good overview explaining the history and concepts which are often overlooked in other explanations of how we arrived at the COSO framework
THANK YOUUUUUUU taught me more than a whole half of a semester of this class
@AccountingLectures
4 ай бұрын
You are welcome! Thank you and please visit the website for more farhatlectures.com/ Start your free trial!
Great job brother!
Brilliant! Thanks prof😊🙌
@AccountingLectures
4 жыл бұрын
You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com
you are a godsent!
Hello friends, I have a few questions: 1 / What is the difference between COSO internal control and ERM ?. 2 / Why and When a company should implement ERM instead of internal control ?.
Thank you simplifying items so well.
@AccountingLectures
2 жыл бұрын
Most welcome. Please connect with me: linktr.ee/farhatlectures
Thankyou so much, your explanation helped me a lot
@AccountingLectures
3 жыл бұрын
Glad it helped! Here's my auditing resources
Excellent delivery, well articulated. Your Dixon is great. But pls look into the audio volume. And a bit of noise from your background. Thanks for the rich content.
@AccountingLectures
Жыл бұрын
Thanks, will do! And please visit the website for more farhatlectures.com/
Explained in a great way
@AccountingLectures
Жыл бұрын
Thank you and please visit the website for more farhatlectures.com/
Amazing!
@AccountingLectures
3 жыл бұрын
Most welcome. Here's the link for my auditing course: farhatlectures.pathwright.com/library/auditing-and-attestation-awtel/about/
Well explained sir
@AccountingLectures
2 жыл бұрын
Keep watching. Please connect with me: linktr.ee/farhatlectures
the first thing that should be explained with internal control is why it's called internal vs external and explain this difference and then proceed.
Good name Nd taugh lecture s
@AccountingLectures
2 жыл бұрын
Thanks and welcome. Here's my BEC resources: farhatlectures.pathwright.com/library/?category=CPA+Exam+BEC
Thank you so much ❤
@AccountingLectures
Жыл бұрын
Thank you and please visit the website for more farhatlectures.com/
What are these 7 principles of IC in contrast to 17 principles mentioned in COSO 2013 Framework? These 7 sounds good but what is the basis for these? Pls explain.
I learn more in Accounting KZread channels than in my own school, and that botters me since I am taking loan to pay fo them.
@AccountingLectures
3 жыл бұрын
Most we3lcome. Here's my auditing course: farhatlectures.pathwright.com/library/auditing-and-attestation-awtel/about/
Thank you
@AccountingLectures
3 жыл бұрын
You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com
I disagree with your comment of student efficiency. Many factors include in student results of an exam. Like back ground, experience, language, and more, not just hours invested in studying