2 CPE The world has changed, and Information Technology (IT) is no longer simply a back office function. Information Technology (IT) is of strategic importance to internal control for organizations. This control includes appropriate controls over cyber security threats.
This course speaks directly to the importance of general controls (GC), application controls (AC) and spreadsheet controls as they relate to all operational, financial, and compliance processes.
This course covers:
- Explore the 2013 Committee of Sponsoring Organizations (COSO) Framework and recognize the link to Information Technology (IT) Controls
- Explore the IT Control Framework, and recognize how to approach IT evaluation
- Explore IT Entity controls
- Explore Application Controls (AC) vs. General Controls (GC)
Learning Objectives
- Explore the 2013 Committee of Sponsoring Organizations (COSO) Framework and recognize the link to Information Technology (IT) Controls
- Explore the IT Control Framework, and recognize how to approach IT evaluation
- Explore IT Entity controls
- Explore Application Controls (AC) vs. General Controls (GC)
Last updated/reviewed: August 4, 2023
Included In Certifications
This course is included in the following Certification Programs:
15 CoursesManagement Oversight, Analysis and Internal Controls Certification
- Management Internal Control Essentials
- Comprehensive Examination of COSO 2013: Components and Principles
- Keys to an Effective Code of Conduct
- Fraud Risk Assessments
- Enterprise Risk Management 101
- Identifying and Implementing the Proper Balance of Internal Controls
- Information Technology (IT) Controls in Emerging Business Environments
- Analyzing Financial Ratios - Solvency, Liquidity and Debt
- Analyzing Financial Ratios - Leverage
- Effectively Managing and Controlling Travel and Entertainment (T&E) Expenses
- Keys to Understanding Conflicts of Interest
- Documentation Methods For Internal Control Processes
- Segregation of Duties for Core Business Processes
- Professional Skepticism - Keys to Maintaining
- Whistleblower Hotlines - Effective Management
28 CoursesInternal Controls and Internal Audit Certification
- Internal Audit Standards Overview
- Internal Audit Standards - Managing Internal Audit Work
- Internal Audit Standards - Executing the Audit Engagement
- Identifying and Implementing the Proper Balance of Internal Controls
- Documentation Methods For Internal Control Processes
- Segregation of Duties for Core Business Processes
- Foundations for a Strong Internal Audit Department
- Internal Audit Management - Top Skills
- Internal Audit: Keys to Managing an Effective Function
- Understanding Risk-Based Auditing
- Risk Based Auditing – Establishing a Methodology
- Risk Based Auditing – Applying the Methodology
- Cyber Risk Frameworks And Concepts
- Information Technology (IT) Controls in Emerging Business Environments
- Fraud Risk Assessments
- Professional Skepticism - Keys to Maintaining
- Introduction to Forensic Accounting
- The Fraud Triangle
- Internal Audit Effective Relations with the Audit Committee
- COSO 2013 Overview
- COSO 2013 - Operational Execution
- Internal Audit Emerging Risks for 2021 and Beyond - Part 1
- Internal Audit Emerging Risks for 2021 and Beyond - Part 2
- Internal Audit Emerging Risks for 2021 and Beyond - Part 3
- Internal Audit Emerging Risks for 2021 and Beyond - Part 4
- Internal Audit Challenges During Times of COVID
- Tools for Internal Control Certificate
- Lessons of an Auditor- Tools for Internal Control Certificate
60 Reviews (308 ratings)
Reviews
Anonymous
(Auditor)
Information Technology (IT) Risks in Emerging Business Environments provides an overview of the importance of having proper controls in place in relation to Information Technology. In a world where the possibilities are endless and technology reigns supreme, it is crucial to maintain proper internal controls over IT.
Anonymous
(Assistant Internal Audit Manager)
The course provides overview knowledge on IT controls and related frameworks. The instructor uses practical examples, stories to make the concept more easy for understanding. I wish there were more examples of IT controls over things like data, privileged accounts, cyber securities,...
Makarand Vaidya
(Senior Internal Auditor at Latitude12 Pty Ltd)
I think the concepts of IT controls were very well explained. Also the relation between COSO and COBIT was very well explained.I would have appreciated listing of IT controls over new technologies like cloud, data and applications on remote devices etc.
Anonymous
(IT Risk Associate)
Great course over COSO and Cobit and the similarities and differences between the two. Ability to assess the difference between Information Technology General Controls and Application Controls. Great concise course and well presented.
Anonymous
(Director, Compliance and Insurance)
Excellent overview for non-IT professionals. Helpful refresher materials when re-engaging in IT and risk management overall if you've been away from it for a bit.
Another outstanding presentation from Lynn. thanks!
Anonymous
(internal auditor)
Как всегда, все было замечательно. Тема трудная, требует серьезного подхода и серьезного преподавателя. Спасибо
Peter Abader
(- at BMO)
simple, easy to understand and follow. This is an area that I will be getting more involved in and this course provided great technical background and "why" it needs to be done
Erik Blyar
(Associate Director at CNM LLP)
Great overview of IT controls within a business. It provides a good foundation for IT controls, and provides explanation of the different frameworks around IT controls
Anonymous
(Investment Accounting Bureau Chief)
I enjoyed the holistic approach to this class! It helped provide the link between organizational goals and IT controls and the related frameworks (COSO and COBIT).
Anonymous
(Not Provided)
Courses covers an overview of IT controls for both applications as well as general/IT environment controls, their differences as well as governing bodies.
Anonymous
(Consultant)
I really enjoy the classes offered by this instructor. She uses real world examples and provides practical stories to support the underlining concept.
Anonymous
(Chief Strategist)
I would love to see more courses like this one, because information technology tends to be an uncomfortable realm for a majority of internal auditors.
Anonymous
(-)
Another great course from Lynn Fountain provides insight and experience relevant to the presentation topic. fast-moving and concise, a great course!
Brian Meister
(- at International Hillel)
Really appreciate the detail provided in this course. Food for thought when developing internal controls around business processes and IT functions.
Anonymous
(Finance and IT Consultant)
Excellent refresher course on IT Controls for the emerging business. The presenter covered the legislations and framework to manage the controls.
Anonymous
(SFA)
Excellent presentation by Lynn. The course is intense and gives you a lot of information to digest. The slides are useful in study process.
Anonymous
()
Overall, it was a good presentation and provided a good background it the COSO Framework, COBIT, General controls and applicationn controls.
Anonymous
(IT Advisory Snr. Associate)
This is a refresher and interesting course. Nothing surprised me. This will be most beneficial to new performance auditors.
Anonymous
(Head of Global Business Assurance)
This was a good refresher of some concepts I have not looked at in detail in a few years. Thanks, Lynn. You're the best.
Anonymous
(Senior Internal Auditor)
Course provides very good information related to the difference between general controls and application controls.
David Favret
(Director of Business Development at Deltha Corporation)
Presented the distinction between application and general controls and explained the COSO and COBIT Frameworks.
Anonymous
(Manager)
COSO and COBIT frameworks are clearly presented and supported for the increasing technology in organizations.
Maya Walker
(Global Controller at Fourth Enterprises)
I definitely feel like I have a better understanding of the importance of IT controls and COBIT framework.
Sharon Vincent
(CFO at MJC Electronics Corporation)
As someone that is not very knowledgable about IT Controls, it was pretty easy to follow and informative.
Anonymous
(Auditor)
Very detailed course for beginners needing to learn more about IT controls functions in an organization.
Anonymous
(Audit Manager)
Good course, lots of detailed information on COSO, COBIT, General IT Controls and Application controls.
Anonymous
(Director of Capital Accounting)
The information was very helpful as information technology continues to grow within my organization.
Patrick Munchel
(RAS Associate at RSM)
A good addition to the information available on IT General Controls and IT Application controls.
Paul Hong
(Supervisor at RSM)
This gave a good overview over internal controls related to technology including COSO and COBIT.
Edmeire Oliveira
(Director of Accounting Latam at Blue Loop Capital)
interesting subject, well distributed , good instructor
looking forward for the next course
Anonymous
(Accountant)
Good overview of risks in emerging business environments. Easy to follow and well organized.
Anonymous
(Head of Internal Audit)
Again a very good, presentation. Understandable examples. Good link between COSO and COBIT.
Dena Dahlquist
(Director at Control Logics)
Good for companies that are just becoming SOX compliant and why these ideals are important.
Duy Nguyen
(Associate Consultant at RSM)
This was well detailed while providing very efficient timely lessons of the general topic.
David Curtis
(Senior IT Auditor at CNM LLP)
Straight forward and to the point. Time allotted to the learning activity was appropriate.
Anonymous
()
This was a very good module. I took this as a refresher and found it to be refreshing!
Anonymous
(Consultant - Process Specialist)
The speaker provides great insight on the importance of ITGCs and Application Controls
David Miller
(None at NA)
This was a good course. Would recommend anyone needing CISA CPE to take this course.
Anonymous
(Inspector)
This course was presented in a clear and concise manner. I would recommend to others.
Anonymous
(Senior Associate)
This course helped strengthen my understanding of IT general controls fundamentals.
Ben Brown
(IT Auditor at Google)
Pretty good basic overview of the IT space from an audit and controls perspective.
Anonymous
(Senior Internal Auditor, IT SOX)
I appreciated the simple comparisons between ITGC’s and application controls.
Anonymous
(Risk Advisory Services)
Great course to learn more about emerging risks in business environments.
Anonymous
()
Information Technology Risks in Emerging Business Units course is perfect
Anonymous
(Risk Advisory Associate)
This course was educational and useful for understanding COBIT and ITGCs
Anonymous
()
Love how in-depth she went into the difference between COSO and COBIT.
Anonymous
()
Comprehensive coverage, good clear instruction related to real world.
Christopher Hole
(Director of Internal Audit at Roseburg Forest Products)
Nice concise overview of ITGC's, COBIT and relevant COSO principles.
Anonymous
()
Excellent course. The COSO and COBIT basics were covered very well.
Anonymous
()
Good course to refresh the basics. Trainer explained concepts well.
Todd Krawiec
(Sr. IA Manager at Guess? Inc.)
Course is well done, easy to follow and the topics are on-point.
Anonymous
(Controller)
This course effectively covered the stated learning objectives.
Anonymous
(Senior Accountant)
Thorough well laid out explanation of COSO & COBIT charters.
Anonymous
(Internal Auditor)
This was an informative and high level overview of COBIT
Anonymous
(Sole Practitioner)
well thought out and acceptable for cpe review purposes
Anonymous
()
This is a understanding high level of COSO and COBIT.
Anonymous
(Not Provided)
Interesting course with a lot of good information.
Anonymous
(-)
Interesting focus on IT controls.
Anonymous
(President)
Very concise.
Nathaniel Hatten
(Vice President - Risk & Control Mana.. at JPMorgan Chase & Co.)
Great!
Prerequisites
Course Complexity: Advanced
No Advanced Preparation or Prerequisites are needed for this course.
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA
95113
Contact:
For more information regarding this course, including complaint and
cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to
.
Course Questions and Answers(2 Questions)
Lynn FountainCPA, CGMA, CRMA, MBA, Consultant, Author, Trainer
About Illumeo
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- Email: info@illumeo.com
- Phone: 408-400-3993
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What is your take on cybersecurity being included as an oversight responsibility for an audit committee?
My opinion is that there should be some body of the board that oversees it. The Audit Committee is so involved with SOX and financial duties that I’m not sure they are the best group. I’ve been in companies that have a Governance committee of the Board. That may be a place. I think in any event, the Board should have some oversight