Testing Internal Controls – Exploring Strategies for Verifying Operating Effectiveness

2 Credits: Auditing


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Testing Internal Controls – Exploring Strategies for Verifying Operating Effectiveness

Course Level
CPE Credits

2 Credits: Auditing

Course Description

Properly designed and effectively operating internal control over financial reporting is critical for preventing, or detecting and correcting, material misstatement. This module will describe how to satisfy the audit requirements related to taking a control reliance strategy by testing the operating effectiveness of internal controls, while promoting an effective and efficient financial statement audit.

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Learning Objectives

Upon completion of the course, participants will be able to:

  • List generally accepted audit requirements related to testing controls for operating effectiveness
  • Explain how to evaluate the results of a control reliance test for operating effectiveness
  • Recall the use of Service Organization Control (SOC1) Reports on a financial statement audit
  • Identify the impact of a control reliance strategy on the detailed audit plan
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Course Specifics

Course ID
Revision Date
April 12, 2024


Advanced Preparation


Compliance Information

NASBA Provider Number: 103220

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

Jennifer F. Louis, CPA has over 25 years experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success.  In 2003 she founded Emergent Solutions Group, which is dedicated to meeting organization’s professional training needs on a project or part-time basis.  Jennifer serves a wide variety of clients, including public accounting firms, state CPA societies, private industry corporations, and public sector agencies.Previously Jennifer served as the Director of Audit Product Development at Surgent Professional Education for three years.  Prior to that, Jennifer was Executive Vice President/Director of …