1.5 CPE This course is a premium course it can be accessed either by individual purchase or through a premium subscription
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Every professional faces situations and scenarios where they feel their independence and objectivity related to an issue is impaired. They may feel pressured by management to minimize their report findings or, in some cases, look the other way. When these situations occur professionals are faced with the dilemma of "what do I do?" or "how do I handle this situation?". These are the types of scenarios for which our university programs and business schools do not adequately prepare us. Experience can often be a good teacher. However, all individuals should be armed with some basic concepts that will prepare them to choose the right path when such difficult situations occur.
This course is designed to prepare professionals for those difficult situations by sharing key concepts to maintaining objectivity. After completing this course, you should understand how to ensure your work can be represented as independent and objective, and ultimately provide the greatest risk mitigation to your company.
Learning Objectives
- Explore the requirements of professional skepticism
- Explore the rules defining independent roles
- Identify the difference between legality and ethics
- Explore the top five techniques to execute independence
- Explore the top five techniques to assist when employing objectivity
- Recognize what to do when management challenges you
Last updated/reviewed: August 27, 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
23 Reviews (88 ratings)
Reviews
Anonymous
(Senior Accountant)
maintaining objectivity in the face of management challenges. It underscores the key principles of professionalism and ethical behavior in decision-making processes.
Marci Earnest
(Accounting Manager at Transtron America, Inc.)
This course provided clear instruction and distinction of terms/concepts. Integrity, morals, compliance, objectivity and independence are all critical to ensure processes and reporting are accurate and true.
Anonymous
(COO / CFO)
Nice short recap, thank you. "Challenge" was spelled "challange". Since this is a professional learning space, the author might want to consider spell checking the slides before publication.
Anonymous
(SFA)
Another great course from Lynn. Even though it is only 1.5 hours do not be misled - there is a lot of useful information along with the real life examples. Thank you!
Anonymous
(Auditor)
This course presents an interesting look into the world of objectivity and professional skepticism. It helps to explain real world scenarios and how this can apply
Anonymous
()
Once again, Lynn Fountain delivers a clear message with much food for thought even after the course has ended. Short course but great information!
Dan Vance
(Senior Consultant at Clark Schaefer Consulting)
Lynn is a great presenter. Her courses are informative and her discussions are speaking from her own experience. I enjoy all of her courses.
Anonymous
(Accounting Manager)
An informative and good course in discussing the neccessary skills and behavior to be successful in internam audit function.
David Weichert
(Director of Finance and Administration at Parking Authority of the City of Lancast..)
This course is a good summary review of concepts and challenges of professional independence and objectivity.
Anonymous
(Auditor)
This course does well at explaining keys to maintaining independence and objectivity as an auditor.
Bryan Rodgers
(- at -)
Good use of real life examples and situations regarding threats to independence and objectivity.
Anonymous
(Senior Internal Auditor)
Course provided good techniques to ensure independence and how to practice objectivity.
Anonymous
(Director, Compliance and Insurance)
Informative overview for new auditors and a good review for established staff.
Anonymous
(Sr. Accountant)
The content was very repetitive, but also good information to review.
Edmeire Oliveira
(Director of Accounting Latam at Blue Loop Capital)
interesting subject, well distributed , good instructor
Paul Foy
(Print Procurement Manager at Intuit)
Slow start to the seminar but ending stongly
Anonymous
(Financial Analyst)
Good refresher for audit professionals.
Anonymous
(Chief Financial Officer)
Good, A little long for the concepts.
Terri Salazar-Rodriguez
(None at None)
Brings up good points on perception.
Anonymous
(Director of Accounting and Finance)
Thought provoking material
Anonymous
(Director - Transaction Services)
Overall good course.
Anonymous
()
nice review course
Anonymous
(Accounting Manager)
Soso
Prerequisites
Course Complexity: Intermediate
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
.
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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