About this course

Internal financial controls architecture. For CA associates; finance executives; directors new to the topic. Seven topic lessons and narrated animated explainers, seven knowledge checks, five applied activities and a sampled final assessment. Complete the guided IFC control architecture map. Prerequisite: None. Original fictional cases develop practical finance and governance decisions. Confirm current rules, exemptions and live filing requirements for the actual entity. The study estimate measures all required learning; the workbook's 55-minute value was a planning target.

Who this is for

Learners interested in this course

What you will learn

Course outline

1. Financial reporting risks and assertions

Financial reporting risks and assertions
Financial reporting risks and assertions — video
Topic 1 knowledge check

2. Preventive and detective controls

Preventive and detective controls
Preventive and detective controls — video
Topic 2 knowledge check
Case Quest: Preventive and detective controls

3. Entity-level and process-level controls

Entity-level and process-level controls
Entity-level and process-level controls — video
Topic 3 knowledge check

4. Three lines and ownership

Three lines and ownership
Three lines and ownership — video
Topic 4 knowledge check

5. Control evidence and review frequency

Control evidence and review frequency
Control evidence and review frequency — video
Topic 5 knowledge check
Impact Simulator: control-map documentation gaps

6. Design versus operating effectiveness

Design versus operating effectiveness
Design versus operating effectiveness — video
Topic 6 knowledge check

7. Case: Map ownership for revenue, payments and close risks

Case: Map ownership for revenue, payments and close risks
Case: Map ownership for revenue, payments and close risks — video
Topic 7 knowledge check
Decision Mission: Financial reporting risks and assertions
Practice Lab: IFC architecture map
Roleplay Studio: explain the control-map status

Final assessment

Final assessment