The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has launched a self-study, on-demand learning program toward earning the COSO Internal Control Certificate.
The program is being offered by The Institute of Internal Auditors (IIA) and the American Institute of CPAs (AICPA). The Institute of Management Accountants (IMA) plans to offer the course in January.
The on-demand learning program is geared to internal auditors, accountants, and other financial professionals, and complements an existing COSO Internal Control Certificate Program that blends self- paced and live training. Both programs allow candidates to demonstrate expertise in designing, implementing, and monitoring a system of internal control using COSO’s updated 2013 Internal Control- Integrated Framework.
“The new on-demand program brings flexibility and convenience so that candidates may pace themselves and achieve the certificate on their own schedule,” said Robert B. Hirth Jr., COSO Chair.
“For those who want to develop their knowledge and skills in managing an Internal Control system, either of the two learning formats takes you through the Internal Control-Integrated Framework from start to finish through the use of real-world scenarios.”
Launched in 2015, the COSO Internal Control Certificate Program helps candidates understand the principles-based approach, identify and analyze risks, and develop confidence in the internal control system. Upon completion of the course, candidates are eligible to sit for the exam and earn the certificate.