The 2013 COSO Internal Control – Integrated Framework:
Challenges and opportunities

Overview: 

The 1992 COSO Internal Control – Integrated Framework (ICF) provided the foundation for nearly every internal controls and risk management standard and regulation.  In May 2013, the much anticipated update to the 1992 ICF was released and is already having far-reaching effects upon management teams, auditors, process & controls specialists, compliance teams as well as those with responsibilities related to internal controls over financial reporting (ICFR).

Please join us on December 5, 2013 for a training on the updated 2013 COSO Internal Control - Integrated Framework presented by Deloitte & Touche LLP.  During this 8 hour session, Deloitte will provide an overview of the 2013 COSO framework’s structure and mission, including what was carried forward into the new framework, broad changes and transition and implementation guidance.

Deloitte will highlight the key changes including the significant enhancements that may pose challenges to management, provide a detailed understanding of each of the 17 principles, and help you formulate specific actions for how you can identify, assess and implement the changes to your specific organization.  The facilitators will also discuss the limitations of internal control and considerations and next steps during the transition period, including available tools and resources.

Learning Objective:

At the end of this course, participants will be able to:
Provide an overview of COSO’s structure and mission
Provide an overview of the COSO 2013 framework, including:
o     Core components of the 1992 Framework carried forward in the 2013 ICF
o     Expectations for governance and oversight
o     Application of ICF to complexities in laws, rules, regulations, and standards
o     Expectations related to competencies and accountabilities
o     Use of, and reliance upon, evolving technologies
o     Expectations related to the prevention and detection of fraud
Provide practical implementation examples facilitated through directed questions and activities
Discuss considerations and next steps during the transition period, including available tools and resources

Presenter Bio 

Dawn Jones, Director McLean, VA

Deloitte & Touche LLP

Dawn is a Director in the Greater Washington Advisory practice. Dawn has over 16 years of experience with providing risk and internal controls, business process, revenue assurance and regulatory services to her clients. Her industry focus has primarily been in the technology, media and telecommunications sectors.  She also serves clients in other industries including government contracting and not for profits.  She also has prior experience in industry, establishing a new internal audit function and audit plan for a telecommunications company.

Dawn also supports the practice development of Deloitte’s national Internal Audit Transformation service offering within the U.S, and is involved in the development of strategy, methodology and tools, as well as a national and global advisor to client teams on internal audit services. Dawn also leads internal audit training initiatives, including Deloitte’s training relationship with the Institute of Internal Auditors – and is a frequent developer and facilitator of internal auditing, risk management, and core consulting training and presentations.  She has also co-authored risk management thoughtware.

Dawn is a Certified Public Accountant (MD, VA, and DC), Certified Internal Auditor, and Certified in Risk Management Assurance.

Course Duration: 8 hours 

CPE Hours Available: 8 NASBA 

Knowledge Level: All levels

Field of Study: Auditing

Prerequisites: None.

Advance Preparation: None.

Delivery Format: Group-Live 

Fees:  Receive a 20% discount for attending the 11/25/2013 event!

Member: $275 register and pay by 12/2/13| $325 register and/or pay after 12/2/13

Non-member: $295 register and pay by 12/2/13| $345 register and/or pay after 12/2/13

In order to receive the early discounted rate, you must pay for the event by 12/2/13.  Please see the refund and forms of payment policies at the bottom of this email.

Refund Policy: We understand that sometimes conflicts occur that may prevent you from attending an event for which you have registered. However, the DC Chapter is required by our venues to provide a final head count, and we are obligated to pay for anyone who has registered. If you are unable to attend the event, you must notify us 3 days prior to the event, and we will credit your prepaid registration fee to a future event. If you do not pay at the time of registration, we will send you a reminder notice of your registration. If you do not respond to the reminder confirming your attendance, we will cancel your registration and open your reserved place to other individuals.   

Forms of Payment: We accept credit cards on the registration form. If you intend to pay using paypal, it is best to do this at the time of registration. It is difficult to re-access the PayPal link after you have finalized your registration. 

Cash and Check: You may also pay by cash or check at the door on the day of the event. We are unable to accept credit cards at the door. Keep in mind that if you pay at the door, you will pay the higher rate even if you registered early. 

Registration Deadline: Tuesday, December 3,  2013

Institute of Internal Auditors-Washington DC 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: www.learningmarket.org.

Register Now!