Assurance I - Control Assesment

Internal control pursues three main objectives, namely the effectiveness and efficiency of operations, the reliability of financial information and compliance with applicable laws and regulations. The course will allow the student to understand the structure of internal control and the different types of controls that can be implemented in an organization. At the end of the course, the student will be able to evaluate the entity's risk assessment processes, the information system and related processes, the design, implementation, and effectiveness of internal controls in a general context and to perform recommendations for improving controls in order to mitigate potential risks that could affect the reliability of financial statements, compliance with applicable laws and regulations and the effectiveness and efficiency of operations.