acc544 | Graduate

Internal Control Systems

Explore by:

or call us at

About:

About:

In this course, students gain a broad perspective of accounting and control that considers attainment of all goals of the organization, including those concerned with financial objectives. Topics include an overview of control, risk management, internal control systems, controls for current asset functions, controls for other accounting classifications, controls for information technology systems, and reporting on controls.

This graduate-level course is 6 weeks This course is available to take individually or To enroll, speak with an Enrollment Representative.

Course details:

Credits: 3
Duration: 6 weeks

topic title goes here

    Overview of Internal Control Functions

    • Explain how the code of professional conduct applies to internal accounting functions.
    • Explain the role of budgets in management controls.
    • Compare and contrast the use of budgets as financial controls between for-profit and governmental entities.
    • Summarize the provisions of federal securities acts.

    Risk Management

    • Explain the portfolio approach to risk management.
    • Explain the use of insurance in managing risk.
    • Analyze the relationship between risk and return.

    Controls for Current Assets

    • Design the internal controls for cash.
    • Design the internal controls for sales, accounts receivable, and cash receipts.
    • Design the internal controls for inventory and production.

    Internal Control Systems

    • Describe the major components of internal control.
    • Explain the phases of internal control evaluation.

    Controls for Other Accounting Classifications

    • Design the internal controls for purchasing, accounts payable, and cash disbursements.
    • Design the internal controls for finance and investment.
    • Design the internal controls for payroll.

    Controls for Information Technology Systems and Reporting on Controls

    • Design the internal controls for information technology systems.
    • Evaluate reporting options for internal control.
    Tuition for individual courses varies. For more information, please call or chat live with an Enrollment Representative.

    Please ask about these special rates:

    Teacher Rate: For some courses, special tuition rates are available for current, certified P-12 teachers and administrators. Please speak with an Enrollment Representative today for more details.

    Military Rate: For some courses, special tuition rates are available for active duty military members and their spouses. Please speak with an Enrollment Representative today for more details.

    The University of Phoenix reserves the right to modify courses.

    While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with a University Enrollment Representative.

    Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.