Sarbanes-Oxley made it very clear that internal control is the responsibility of management – not the internal or external auditors.  This requires every single individual within the organization, regardless of their role, to understand the concepts of internal controls and how they vary from day-to-day tasks of their job function

COSO 2013 has turned the focus up on understanding internal control and embedding the proper processes into the organizations daily activities. COSO 2013 added key control aspects to mandate knowledge of business and regulatory changes as well as an increased focus on information technology and fraud. It is imperative that all professionals understand the roles and responsibilities incumbent upon them when it relates to internal control. 

It is also imperative that management learn and accept their critical role as it relates to the management and monitoring of internal controls.

Areas Covered in the Webinar:

  • Internal control focus
  • Internal control definition and history
  • Internal control advantages/disadvantages
  • COSO overview
    • COSO 1992
    • COSO 2013
  • Methods to educate management 
  • Setting the stage
  • Key monitoring methods

Who Will Benefit:

  • Accountants
  • Finance Personnel
  • CFO
  • Controller
  • Board Members
  • Management
  • Risk and Legal Professionals
  • Internal Auditors
  • Compliance Professionals
  • Process Improvement Professionals

Note: Information within this course comes from readily available public domain documents and is utilized by the trainer as a supplement for relaying the course content.

Learning Objectives
  • Explore The Internal Control Focus
  • Explore the definition and history of Internal Control
  • Recognize the advantages and disadvantages of Internal Control
  • Explore an overview of COSO 1992 and COSO 2013
  • Identify Methods to Educate Management.
  • Recognize Key Monitoring Methods
Last updated/reviewed: August 12, 2023
Course Search

Included In Certifications

This course is included in the following Certification Programs:

15 CoursesManagement Oversight, Analysis and Internal Controls Certification

  1. Management Internal Control Essentials
  2. Comprehensive Examination of COSO 2013: Components and Principles
  3. Keys to an Effective Code of Conduct
  4. Fraud Risk Assessments
  5. Enterprise Risk Management 101
  6. Identifying and Implementing the Proper Balance of Internal Controls
  7. Information Technology (IT) Controls in Emerging Business Environments
  8. Analyzing Financial Ratios - Solvency, Liquidity and Debt
  9. Analyzing Financial Ratios - Leverage
  10. Effectively Managing and Controlling Travel and Entertainment (T&E) Expenses
  11. Keys to Understanding Conflicts of Interest
  12. Documentation Methods For Internal Control Processes
  13. Segregation of Duties for Core Business Processes
  14. Professional Skepticism - Keys to Maintaining
  15. Whistleblower Hotlines - Effective Management

14 CoursesProfessional Bookkeeping Certification

  1. Bookkeeping: Terminology and Process Execution
  2. Bookkeeping: Debits And Credits
  3. Bookkeeping: Cash vs. Accrual
  4. Bookkeeping: Payroll And Expenses
  5. Bookkeeping: Legal Entity And Chart Of Accounts
  6. Bookkeeping: Journals, Subsidiary Ledgers and General Ledger
  7. Bookkeeping: Responsibilities
  8. Bookkeeping: Fixed assets and inventory
  9. Bookkeeping: Accounts Payable/Accounts Receivable And Receipts
  10. Management Internal Control Essentials
  11. GAAP Principles, Assumptions and Considerations
  12. GAAP Presentation of Financial Statements
  13. Bookkeeping Basics – Case Study Scenario
  14. Useful Bookkeeping Tools

15 CoursesNot-For-Profit and Small Business Entities Certification

  1. Introduction to Not-for-Profit Entities
  2. Introduction to Accounting for Not-For-Profit Entities
  3. Identifying and Implementing the Proper Balance of Internal Controls
  4. Segregation of Duties for Core Business Processes
  5. Bookkeeping: Journals, Subsidiary Ledgers and General Ledger
  6. Bookkeeping: Payroll And Expenses
  7. Bookkeeping: Accounts Payable/Accounts Receivable And Receipts
  8. Effectively Managing and Controlling Travel and Entertainment (T&E) Expenses
  9. Management Internal Control Essentials
  10. Financial Statement Essentials for Not-for-Profits
  11. Not-for-Profit Financial Statements Part 2
  12. Not for Profit Financials - Focus on Net Assets
  13. Cyber Risk in Small-Medium Entities
  14. Fraud in Small-Medium Entities
  15. Not-For-Profit Accountability and Responsibility
273 Reviews (1095 ratings)

Reviews

5
Anonymous Author
Great holistic overview of this topic. The instructor is very knowledgeable and easy to understand. I would definitely recommend this course and instructor.

5
Member's Profile
I found this course very informative and easy to follow. This course is appropriate for all levels of management. The instructor is interesting and makes the concepts easy to understand. This course really helped me to think about the ICs in my own organization. The course has a good balance between high-level concepts and real-world examples.

5
Anonymous Author
The Management Internal Control Essentials course provides good information for any business regardless of the size. It covers definition, history, and importance of internal control. It also emphasizes that even though managers are expected to take ownership of internal control, every person in the organization has a part to play.

4
Anonymous Author
Good overall review of internal controls. I learned about some aspects of internal control that are likely missing in my own organization. Some of the points made give me pause around just how effective existing controls are. I like this instructor and seek out her courses. She is well informed and is an effective communicator.

5
Member's Profile
Very comprehensive and imfo content The instructor explained all topics in the course in easy and friendly manner I highly recommend this course to everyone who seeks cybersecurity course or to fulfill isaca cpe for isca certifications. Many thanks to illumeo All your courses are excellent and comprehensive in all fields.

5
Anonymous Author
I learned from this course what internal control is about and the details about COSO 1992 and COSO 2013. Internal control is important for a business to operate effectively and efficiently, to issue reliable financial reports, to comply with the laws and regulations, and to safeguard the business assets.

3
Anonymous Author
2 hours is too long for a class like this. The class can be shorter and more effective for the instructor be more concise and focus on the topic and examples with less words. Some real-life examples are very useful to understand but could have provide more examples related to some key concepts.

5
Member's Profile
Perfect course for understanding IC. Thorough presentation and explanation of concepts and flow of topics. Immaculate examples for all topics with detailed real life examples helps understand the concepts clearly. UPdate of principles correlates to latest century for applying the guidelines.

4
Anonymous Author
This is a very important topic for business and needed to be understood heavily. This is great training! Easy to understand and follow. Everyone should be taking this training, not because it is required but is needed. Thank you for this presentation and material provided were great.

5
Member's Profile
This is one of Lynn's more challenging courses as it takes a deeper dive into Internal controls than I have previously done. VERY insightful and provided an expanded understanding of 1992 VS 2013 COSO. Wow I learned a lot of new "stuff" on IC. Thank you Lynn GREAT COURSE. Larry

5
Anonymous Author
Good overview of SOX and Internal Control. The course is a bit long especially for people who don't need this for continuing education credit purpose. Nonetheless, I enjoyed learning this material as the company is going through SOX compliance as part of a global company.

4
Anonymous Author
This was a great course that not only laid out the established framework we should all follow in the accounting departments of our respective companies, but also gave practical examples on how to follow them, along with a coat/benefit analysis of doing so at the end.

5
Anonymous Author
Good overview of internal controls. I still wish I could find a course on Illumeo that gives specific examples for small companies -- a best practices-type tutorial for small organizations that don't have the personnel and resources larger organizations have.

5
Member's Profile
The instructor goes into detail on internal controls. Including the history of controls, how and why it was developed and how it should be implemented in today's changing world. This course is very informative, I would suggest it for anyone in business.

4
Anonymous Author
This was a helpful course, however, I would note that this course does not go into detail about how to implement controls. It would have also been helpful if we had reviewed the 17 COSO principles that she mentioned. It is a good primer to IC, however.

5
Member's Profile
Stated learning objectives were met Stated prerequisite requirements were appropriate and sufficient Program materials were relevant and contributed to the achievement of the learning objectives Time allotted to the learning activity was appropriate

5
Member's Profile
I took a few individual courses designed by Lynn before enrolling in the Cert program. So there have not been any surprises to me and as expected the course was of the highest quality. it is great as an intro to the program or more advanced courses.

5
Anonymous Author
This course explains the importance of internal controls and how they should be properly put in place in each company. It also provides an introduction to COSO 1992 and COSO 2013 and explains the differences that came with the release of COSO 2013.

5
Anonymous Author
The course provides a great overview of the broad internal controls, why they are important for management, an example mix of proper internal controls, and the regulatory reasons for why internal controls are necessary to the business enterprise.

5
Anonymous Author
Although I use these words regularly and passed an external audit recently, this course really helped me understand where we may have to implement more controls and where I need to help my boss understand said controls. Excellent!

4
Anonymous Author
I appreciate the class and understanding the concepts, I am not working in a corporate environment so some of this does not apply for me yet. IC is important no matter what, I understand how to implement it effectively now.

5
Member's Profile
Better to understand the control management. One thing that I want to suggest, it would be more efficient if the instructor could provide us more practical and business related samples rather than the overall knowledge.

5
Anonymous Author
As always, Lynn's presentations are top of the line. Here style makes it easy to stay engaged as she combines both support and personal experiences to make it applicable to things that happen on a day-to-day basis.

5
Member's Profile
In my opinion this was very informative. I believe every employee would benefit from this course. Many may not realize that their daily duties/tasks can have an effect on controls in some way shape or form.

4
Anonymous Author
Very clear understandings of internal audit essentials. Slide is easy to understand and teacher speaks gently and clearly. We can review the whole picture through this lesson, it is meaningful. Thank you.

5
Member's Profile
This course is helpful for understanding internal control and SOX program for all employees in our organization. Specially, types of control, advantages/disadvantages were excellent material that I learned.

5
Anonymous Author
Good discussion on the need for IC, the responsibilities of management and the updates to the COSO framework. Makes clear the importance of embedding IC into the organization - it's not just one department.

5
Anonymous Author
Nice refresher course on SOX as it relates to the internal control function. The distinctions between the 1992 and 2013 COSO framework are subtle in some cases and very profound in others. Great course.

5
Anonymous Author
this course if very thorough. It provides a great history of internal controls, explains the roles of IC in an organization and speaks to the roles of each person in an organization as it relates to IC.

4
Anonymous Author
Great introductory course on internal control essentials. The instructor provided great emphasis on how important it is for management to understand the role of internal control throughout the business.

5
Anonymous Author
The course was great! Having a background in auditing, this course reminded me of a lot of the information when I started my auditing career. I'm glad that all managers were allowed to take this course.

5
Member's Profile
Great course to test your internal control knowledge. I would highly recommend to any accounting professional that is responsible for establishing and maintaining controls in their organization.

5
Member's Profile
A solid review of an overview of internal controls. This course is for all employees of an organization. Lynn presents in a well organized fashion - just like all her other course work.

5
Anonymous Author
Easy to follow Greta subject matter

5
Anonymous Author
The background information on COSO 1992 and 2013 was helpful. The instructor (as always) explains the topic in detail which is very informative. Lynn Fountain's courses are very good.

5
Anonymous Author
I learned a lot of the basics and history. Made me realize how much more we have to pay attention to the daily tasks people are doing. The difference between important and necessary.

5
Member's Profile
The text and presentation was clear and understandable. Very easy to follow along with the accompanying pdf. The way the course is broken up helps with completing it on your on time.

5
Anonymous Author
Great overview and good refresh course. I liked the flow of the material and organization from start to end. I had forgotten the importance of COSO framework and how it related to SOX.

5
Member's Profile
An excellent course to explain how and why internal controls need to be developed and monitored by management. The title is appropriate in that all financial managers need to know.

5
Anonymous Author
I think the updates from 1992 to 2013 was very enlightening. Also, exposing the weaknesses of IC in real world senses was useful to see where the gaps can be maliciously utilized.

5
Anonymous Author
Lynn's courses are always easy to follow with great examples. I appreciated the concept of IC being embeded into the organization for reasons beyond compliance. Thank you, Lynn!

5
Anonymous Author
Very easy to follow and comprehend. The Financial Reporting to Reporting is a great change since this is a important factor that aligns with all departments not just Finance.

4
Anonymous Author
Great presentation on internal controls! I would like to course to include more examples of well-designed controls vs. not-so-well-designed controls and control design gaps.

5
Member's Profile
Well-organized course. I'm surprised at how much I need to learn with the new COSO standards. I think anyone that teaches, uses, or audits internal controls would benefit.

4
Anonymous Author
This is a good refresher for those who have a good experience on internal controls. The presentation is very organized and the instructor is very knowledgable of the topic.

5
Member's Profile
The COSO information presented was excellent. Being able to integrate all of the different elements of this course into your daily operations routine is extremely helpful.

5
Member's Profile
This course is a good summary of internal controls, the importance of which is growing as organizations, regulations and technology evolve and become more diverse.

5
Anonymous Author
It is really informational for understanding the needs, advantage and disadvantage of internal control. And it led me be more cautious of managing internal control.

5
Anonymous Author
Really enjoyed the aspects of this session where Lynn focused on teaching/educating management that may be resistant to implementing/performing internal controls.

4
Anonymous Author
She is able to cover a lot of dry information effectively and her presentation is more easily remembered from just looking at the slides at a later date than most.

5
Anonymous Author
A lot of information packed into basically 1 hour. I was assigned this course as someone with zero IA experience and it was a nice intro into the "control" world

5
Anonymous Author
The course is very well structured and with real examples from our daily business. It's a must in all companies to provide such great training to all employees.

4
Anonymous Author
Great point about employees not only following the control procedures but also understanding what purpose they serve so as to not inadvertently circumvent them.

5
Member's Profile
Course was solidly put together and provides a basis for conversation with BOD, managers and staff who do not have a clear understanding of internal controls.

5
Anonymous Author
Great slides and presentation. The professor taught the class great and provided all necessary information for the exam. I learned a bunch and would recommend.

4
Anonymous Author
Good refreshers and simple enough that can be used to teach people starting in a company to understand internal control and managements functions within it.

3
Member's Profile
The facilitator was clear, concise and easy to follow in her pace. I would of have like to see more visual sides that were relative to what was being said.

3
Member's Profile
I have been around since SOX was originally implemented. Interesting to see the changes in 2013. Have noticed language changes in Engagement letters, etc.

5
Anonymous Author
This was not a subject that I thought could be interesting, but the instructor did a great job explaining COSO for 1992 and 2013 and why it's important.

4
Member's Profile
This is a good general introduction to the internal controls program. I really liked the sections on educating management and setting the stage. Thanks.

5
Anonymous Author
Again this is a great course on internal controls. Very helpful for those who are starting at entry level to understand the value and importance of IC.

5
Anonymous Author
This course provides broaden, useful and updated information on Internal Control, COSO 2013. Very easy to understand and necessary for internal auditors

4
Anonymous Author
the presenter incorporates a significant amount of real-life experiences and examples into the presentation (making it practical and easy to understand).

5
Anonymous Author
This course provided a good overview of internal controls and went into a nice overview of COSO 1992 and what changed with the new update to COSO 2013.

5
Anonymous Author
great series of questions. a bit tricky. Internal controls is very vital and crucial to the success of any corporation. Recommended for all companies.

5
Member's Profile
The course provide refreshing concepts and materials on COSO, type of controls, setting the stage, monitoring, etc. I am glad I selected the course.

3
Member's Profile
It was a decent course. Would have been nice if there were more specific examples instead of defining the words and making it more about philosophy

5
Anonymous Author
This is a refresher course. Nothing surprised me. I like the detailed information provided. New auditors will benefit the most from this training.

3
Member's Profile
Course was fine. Materials were fairly dry with a speaker for the allotted time, but given the focus material it was not too much of a surprise.

5
Anonymous Author
Everything was explained in an easy to understand manner. Learned useful information and will take this and use it my everyday work activities.

4
Member's Profile
I think this was a well done primer on internal controls that provided excellent historical background on how these processes evolved over time.

5
Member's Profile
I really enjoy Lynn's lessons. Specific to this course, I really enjoyed learning about the difference in COSO Framework and how it has changed

5
Anonymous Author
I enjoy all of Lynn Fountain's courses and this was no exception. This was a great broad view of internal controls in a practical application.

4
Anonymous Author
This overview of Management's Internal Control Essentials was a helpful base knowledge of the important aspects of COSO and internal controls.

5
Anonymous Author
Very easy to follow and understand the concepts outlined in this course. The supporting materials are very helpful to review the concepts.

5
Anonymous Author
This is a great course to remind us that internal control isn’t a checklist or a set of instructions, but rather a mindset and culture.

5
Anonymous Author
Lynn Fountain delivers very clear and thorough information throughout the course. It's a great COSO review and refresher of effective IC.

5
Anonymous Author
Great content. Instructor was very clear and informative. Following this course gives an understanding on what and why we need to do SOX

5
Anonymous Author
Great foundational course if you need a refresher on internal control basics. Includes a glossary which I was able to download and save.

4
Member's Profile
This course provided a good review of internal controls. It was helpful to understand some of the changes to the framework over time.

3
Anonymous Author
Overall, a good course but it was longwinded. Also the platform was very counterintuitive i struggled getting it going but overall ok

5
Member's Profile
I've effectively learned about internal controls and what every financial and accounting professional should know regarding the topic.

5
Anonymous Author
I enjoyed how you could view the session- broken up or all in one. Highlighted great example to correlate to what was being discussed.

5
Anonymous Author
This course was a great refresher. I appreciate the examples used and the clear breakdown of the definitions and changes within COSO.

5
Member's Profile
This course is a very good detailed discussion on internal controls and covers all the concepts that an Internal Auditor should know.

1
Anonymous Author
2 hour course can lead to attention gaps. Short and direct content will help trainees/employees retain key points and be aligned

4
Member's Profile
GOOD OVERVIEW FOR ANY ORGANIZATION AS THEY INTRODUCE IC MEASURES

5
Anonymous Author
Excellent course outlining all of the key points of a control framework - very pragmatic content and well delivered. Thank you.

5
Member's Profile
Thorough overview of internal controls. Good reminder of what internal controls should have and how we should think about them.

5
Member's Profile
Very interesting to see what controls can be implemented to have a sound business. All managers should take a course like this.

4
Anonymous Author
Would be great having more examples of IC success and fail, whistleblower examples etc. Overall good but very brief overview.

4
Anonymous Author
This course was very helpful and informative. I liked that it gave me a better understanding of Internal Control Essentials.

3
Anonymous Author
Great course. Internal controls are very important, and organizations should be aware of different preventive methods to use.

5
Anonymous Author
This was a very informative course and emphasised the importance of internal controls and whom the responsibility lies with.

5
Member's Profile
thank you for the course, helped me understand the basics about internal control, and how to implement it into my daily work

5
Member's Profile
this is very good to me. Ksox control can prevent issue. it was helpful to me how to establish control on our organization.

5
Anonymous Author
Great course on internal controls, serving as an overview and introduction before jumping into more details and substance.

5
Member's Profile
Good introduction to the concepts of internal control and how it needs to be considered at all levels of an organization.

5
Anonymous Author
the course content is really good and instructor did a great job putting this material in an easily understandable format

5
Anonymous Author
This is an awesome course for anyone looking to learn more about internal controls!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

5
Member's Profile
Loved hearing the instructors passion for internal controls throughout the course which made it really easy to follow.

4
Member's Profile
Very educational, but a bit long. The course was sound and fitting. Also, gave alot of information that I didn't know.

5
Anonymous Author
This course is true to its name. Highly recommend for anyone looking to learn more about internal controls essentials.

5
Member's Profile
Good reminder of the basis for IC's and their importance not only for external reporting but operational efficiencies.

4
Member's Profile
overall course material was good, but there were some basic spelling errors throughout the course that was distracting

4
Anonymous Author
Great overview of internal controls and is a great refresher course for any professional. Would definitely recommend!

5
Anonymous Author
The course was informative, even though it was short. The material was laid out in a very organized, simple manner.

5
Member's Profile
Information was clear and helpful. The diagrams were hard to view, would be helpful if they were easier to view.

3
Anonymous Author
Provides great information. This course is a great introduction into understanding internal controls as an auditor.

5
Anonymous Author
another good review of internal control fundamentals from the managerial perspective. my thanks to the presenter.

5
Anonymous Author
# I like this because it it simple yet powerful to make understand participants essentials of internal control;

4
Anonymous Author
Great comparison between COSO 1992 and 2013. The instructor is very knowledgeable and shares relevant information

5
Member's Profile
The course is very clear and straight to the points. It's great to learn more knowledge in the internal control.

5
Anonymous Author
This course on Management of internal controls was a well balanced course. I will train my coworkers from this.

4
Member's Profile
An effective refresher and introduction to internal controls, including the changes with the COSO 2013 framework

5
Anonymous Author
it was my first time to learn about Internal control, sox, it was very helpful to understand Internal control.

5
Anonymous Author
This course helped understand the reason for risks and the importance of having the proper controls in place.

5
Anonymous Author
Fantastic overview of the subject matter and practical examples that leads to understanding the application.

5
Member's Profile
Internal control functions and the basis of SOX and COSO frameworks were effectively taught in this course.

5
Member's Profile
Great course. i would definitely take another course from this site. Bonus that course provided CPE credits

5
Anonymous Author
Class was informative and touched on many topics. Liked the overall flow of the class and would recommend.

4
Member's Profile
Very good course on the revised coso framework presented by the lynn fountain - fast moving and relevant.

5
Anonymous Author
Solid general overview of defining controls and how to help implement a good control environment/culture.

4
Anonymous Author
This course is well designed and thought out. Helps explain the framework in a way that's easy to digest.

5
Anonymous Author
course was very well narrated and provided good example to help relate course to everyday work activities

4
Anonymous Author
Very informative and detailed course. Self pace learning was prefect for such a large amount of content.

4
Anonymous Author
If you don't have an idea or concept of what internal controls is, then this is the best course for you.

5
Anonymous Author
Good explanations of internal controls and management's role in IC. PDF of slides is a useful reference.

4
Anonymous Author
A great overview of internal controls. I felt it could have been communicated in half the time though.

3
Anonymous Author
Concise and well organized. Minimum character count. Minimum character count. Minimum character count.

4
Anonymous Author
Good content, well organized

4
Anonymous Author
it was very useful, and I felt like all the information in the course was relevant towards the topic.

5
Anonymous Author
very effective course that highlights the importance, effectiveness and execution of internal controls

5
Anonymous Author
Fantastic course with great and relevant material that really refreshed my internal controls knowledge

3
Member's Profile
This was a pretty good overview of COSO and gave some differences between the 1992 and 2013 versions.

3
Anonymous Author
This course is out of dated. I think the host should introduce more SOX compliance internal control.

4
Anonymous Author
Good overview of IC and COSO. Slides were not too detailed, but detailed enough to get point across.

5
Anonymous Author
Loaded with great information. However, the course is too long. It can be shortened down to 1 hour.

5
Anonymous Author
Course was well planned. Very concise and presented in a format to understand the concepts taught.

4
Anonymous Author
Good class. Lays out overall foundation of internal controls. Provides a good history on the COSO.

5
Anonymous Author
A great overview of the importance of Internal Controls and who is responsible in an organization.

5
Member's Profile
I like that the course was self-paced and the presenter spoke in a manner that kept my attention.

5
Anonymous Author
Comprehensive overview of the COSO matrix and internal controls with emphasis on changes in 2013.

5
Member's Profile
It's instructive lessons and the quiz and final test are clear enough to understand the questions.

4
Member's Profile
This was a good overview of COSO and management's responsibility for internal control procedures.

5
Member's Profile
Easy to follow material, compartmentalized to make comprehension of a lot of information easier.

4
Member's Profile
Course was good for getting a high level understanding of internal controls and how they operate.

4
Anonymous Author
Solid overview of internal controls. The course was well planned and topics covered thoroughly.

5
Member's Profile
Another great overview of details over the topic. Lynn is a great teacher with good explanation.

5
Anonymous Author
Simple course, great for a refresher of controls within the organization and those responsible.

5
Anonymous Author
as usual, lynn brings the good stuff on this course. another great offering. learned a ton!

5
Anonymous Author
Very clear course, explains examples of controls but also explains why controls are important

4
Anonymous Author
very coso heavy good to refresh my memory from way back when in school about this good stuff

5
Anonymous Author
Effective controls review with good historical account of COSO changes over there's Red as.

5
Member's Profile
This presentation has been a great overview and refresher of internal controls and COSO.

4
Anonymous Author
Presentation and the materials were easy to follow. Interesting and comprehensive course.

5
Member's Profile
Great refresher and will plan to take again. Learning plan was well developed and helpful.

5
Member's Profile
Very detailed and easy to follow. Was able to relate this course to my current job role.

4
Anonymous Author
The instructor clearly articulated the concepts related to internal control and SOX/COSO.

5
Member's Profile
Great course to take. Really helps one understand why IC are important to an orginization

4
Member's Profile
how long the course is - everyone is involved with internal controls - every employee -

5
Member's Profile
This is a great course for management level. Recommend strongly to all manager levels.

5
Member's Profile
Very well laid out. Easy to absorb material. Instructor was engaging and not monotone.

4
Anonymous Author
good overall summary of complex material in an interesting and informative presentation

4
Anonymous Author
I liked how this course discussed the 3 Lines of Defense, and COSO 1992 vs COSO 2013.

4
Member's Profile
A good reminder that internal controls are key part of any organization's operations.

5
Anonymous Author
like the different sections and supporting materials that i can come back to review.

5
Anonymous Author
Course met all the objectives and was an engaging refresher on an important topic.

5
Anonymous Author
A more complete description of the responsibilities of designing internal controls.

5
Anonymous Author
Great course on internal controls fundamentals including history and good examples.

4
Anonymous Author
Informative course covering the basis of COSO and its changes to company's in 2013.

4
Anonymous Author
Great overview of the new COSO 2013 and how it is applied within the organization.

5
Anonymous Author
This is a very interesting course on internal controls presented in a clear manner

4
Member's Profile
I enjoyed the course and believe it provides a good overview of internal controls.

5
Anonymous Author
It was easy to follow and everyone in the company will benefit from this training.

5
Anonymous Author
The instructor used great examples and the material was a breeze to understand.

5
Anonymous Author
I liked how you can go at your own pace and rewind if you missed a certain part.

4
Anonymous Author
This was a helpful review of internal controls and how to apply them. Thank you.

5
Member's Profile
I needed lecture for the new COSO, and it is so helpful to update the new COSO!

5
Anonymous Author
Always enjoy taking Lynn's courses. A great introduction into Internal Control.

5
Member's Profile
Great course! Great insight! Very informative and useful! Valuable information!

5
Member's Profile
great course! will recommend. Really straightforward and direct to the point.

5
Anonymous Author
This course dives deeper into the types of controls and responsible parties.

5
Member's Profile
This section on Internal Control was very informative, yet concise! Thank you!

4
Anonymous Author
Great information was given, however the instructor was a little wordy for me.

5
Anonymous Author
Great review. Good instructor. I would take this course again as a refresher.

5
Anonymous Author
Topic was covered in a though manner with additional input from the lecturer.

5
Member's Profile
Great overview course on Internal Control topic. I would suggest to everyone.

5
Anonymous Author
Well structured course. Presenter gives practical examples. Quality content.

5
Member's Profile
Excellent information, pace was good and instructor was easy to understand.

3
Anonymous Author
I felt like the explanations were too long and detailed for what was needed.

5
Member's Profile
This course was very informative on internal controls and the coso framework

5
Member's Profile
This course was very informative and very relevant to today's situations.

5
Member's Profile
pro: great information. con: there are a few typos but nothing major.

5
Anonymous Author
Great course, clear and concise, would recommend others to take this course

5
Member's Profile
I like the explanations and sharing work experiences to make us understand.

5
Member's Profile
It was interesting. Makes what we are doing internally a bit more logical.

5
Anonymous Author
nofreeadsfrommenofreeadsfrommenofreeadsfrommenofreeadsfrommenofreeadsfromme

4
Anonymous Author
Very broad scope and not Many specific examples. Would like more examples.

5
Anonymous Author
This was a good course that stuck to core information and great takeaways.

5
Member's Profile
Great class. Easy to understand. Good information and engaging presenter.

5
Anonymous Author
Great summary of internal control principles as they apply to management.

4
Member's Profile
Internal control is effective if implemented properly which is explained.

5
Anonymous Author
Like the content Not the test (should show what answers are incorrect)

5
Anonymous Author
Well designed and very informative course that fully met its objectives.

5
Member's Profile
Nice course. Content was clear and laid out well. I like this creator.

5
Anonymous Author
Clear and effeciently presented all of the information in this course.

5
Member's Profile
Lynn made the course easy to understand with loads of great information.

5
Anonymous Author
Great refresher on a very important concept. I was learning new stuff.

5
Anonymous Author
Management Internal Control Essentials was a great class and refresher.

5
Anonymous Author
Good overview of COSO framework, and changes from the 90s to the 2010s.

5
Anonymous Author
Very good explanation of internal controls and how they should function

5
Member's Profile
Great teaching just the topic is boring to me. Got through it. Thanks!

5
Member's Profile
Very good introduction to ICS, Types of Controls, Responsibilities etc.

5
Member's Profile
This is good as an overview course. Very well organized and presented.

5
Anonymous Author
Very informative, really appreciated the slide deck materials as well.

5
Member's Profile
A really good summary course on internal controls and their benefits.

5
Member's Profile
Aligns with what I see in my organization. Clear and easy to follow.

4
Anonymous Author
Good overview of internal controls management covering SOX and COSO.

4
Anonymous Author
Good overview of IC. I am very familiar with IC and establishing it.

4
Anonymous Author
Great overview of the COSO and internal control processes/procedures

5
Anonymous Author
A good course to explain the purpose and need of internal controls.

4
Member's Profile
Good overall review of Internal Controls, covering changes in COSO.

5
Member's Profile
Lecture was useful and good reminder of a job as an Internal Audit.

4
Anonymous Author
I enjoyed this course and would recommend it......................

5
Member's Profile
Great information and effective presenter. Easy to follow slides.

5
Anonymous Author
Good overview of internal controls and good delivery of material.

5
Member's Profile
I learned a lot from the course. Contain very useful information.

3
Anonymous Author
Thanks for Management Internal Control Essentials and materials.

4
Member's Profile
it was a little dry and there were distracting typos in the deck

3
Anonymous Author
Good information, but the course should be condensed even more.

5
Member's Profile
Very Educative about internal controls. Got to learn about COSO.

5
Anonymous Author
Very good class covering internal controls and how to use them

5
Member's Profile
Good and simple, the explanation is good and understandable....

5
Anonymous Author
Easy to understand and remember, it is completely comprehensive

4
Member's Profile
The course was informative and complete. It was easy to follow

5
Anonymous Author
Great job, thank you very much. Excellent material, well stated

5
Anonymous Author
great class. I enjoy learning about the best audit procedures.

5
Anonymous Author
A very important topic about internal controls well presented.

4
Anonymous Author
Very good trainer. Good refresher on IC and COSO. Recommended.

4
Member's Profile
very good course, good presentation and pertinent information

5
Anonymous Author
Good content but more real world examples would be preferred.

5
Member's Profile
Great course. Streamlined and efficient. Highly recommend.

4
Member's Profile
Good introductory course for those looking for an overview.

4
Anonymous Author
Nice overall course with real world examples and commentary

4
Member's Profile
Lynn's courses always offer a great learning and education.

5
Member's Profile
cool course, learned a lot about coso and internal controls

4
Anonymous Author
A good course to direct what is expected out of management.

5
Member's Profile
interesting subject, well distributed , good instructor

4
Anonymous Author
Very Good Course of Management Internal Cintrol Essentials

3
Anonymous Author
simple and intuitive, good balance with instructor's speed

4
Member's Profile
Presenter was thorough and course content was appropriate.

5
Anonymous Author
Good introductory course. I would recommend for beginners.

3
Member's Profile
Great refresher and review of internal controls and COSO.

4
Anonymous Author
Good course. The Coso update was helpful as a refresher.

4
Member's Profile
Fast and intense overview about the aforementioned issue

5
Anonymous Author
Course was great. Lynn is the Best. Thank you so much.

5
Member's Profile
Great content. Presented clearly and interestingly.

5
Anonymous Author
communication was clear and content was organized well

5
Member's Profile
Very good. Very fine. Very excellent. Top G training.

5
Anonymous Author
The course content was very good! Met my expectations!

5
Member's Profile
I found the material to be thorough and interesting.

4
Member's Profile
It was a good refresh material and training session.

5
Member's Profile
I don't know what to say. This is the first lesson.

5
Member's Profile
very informative, great information and great pace.

5
Member's Profile
Good overview of internal controls. Good instructor.

4
Anonymous Author
Good overview of COSO history and current framework

4
Member's Profile
This was a very good overview of internal controls.

3
Anonymous Author
Information was thorough. Pace was a little slow.

5
Anonymous Author
A good course that was communicated well.

4
Anonymous Author
Good overview of internal controls

4
Anonymous Author
informative course.

5
Anonymous Author
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Prerequisites
Course Complexity: Foundational

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(3 Questions)
Member's Profile

Hello. I took the final exam on this course and had one ‘wrong’ answer. As you can see from the info below, the system marked my answer as incorrect. I answered that ‘sound internal controls must be embedded within the organization.’ I would like to dispute the test’s correction….sound internal controls should be embedded in an organization, and not wait until the auditors find an issue. Your slides are consistent with my answer and not the ‘should have chosen’ answer. I recommend the test results be updated to reflect the correct answer. Thank you.

Question:
In regards to internal control, which of the following statements is correct?
Response:
Should have chosen
It is ok for management to wait until the internal or external auditors find an issue to correct any control gaps.
Wrong
Sound internal controls must be embedded within the organization.
Education, communication and accountability are not part of the concepts involved with internal control.
Financial personnel and auditors cannot work on internal controls.

Member's Profile

I will have Illumeo check the automated response. You are correct with your answer

Member's Profile

Hi Lynn - We have updated the correct answer option in the course.

Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Management Internal Control Essentials 3:29
Internal Controls: Focus, History, COSO and More
  Internal Control Focus6:54
  IC Definition and History 6:03
  Advantages/Disadvantages 4:10
  COSO Overview13:59
  COSO 201310:55
  Educating Management 8:24
  Setting The Stage 2:22
  Types of Controls 10:54
  Monitoring 6:31
CONCLUSION
  Course Summary 2:09
Continuous Play
  Management Internal Control Essentials1:15:50
SUPPORTING MATERIALS
  Slides: Internal ControlsPDF
  Internal Controls Glossary/IndexPDF
REVIEW and TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam