July 30, 2019 8:00am – 3:30pm Map & Directions 602-252-4144

Internal Control Best Practices for Small and Medium-Sized Entities

Online registrations are currently closed, please call (602) 324-6847 for additional registration options


This course provides practical guidance for those involved with internal control
responsibilities (auditing, monitoring, implementing, etc.) in adapting the 2013
COSO Internal Control - Integrated Framework (the COSO framework) to smalland
medium-sized entities. Internal control concepts are applicable to every entity,
regardless of size. However, there is no "one size fits all" set of rules that can be
applied to all entities. Often times the internal control "best practices" that have
evolved over time are based upon large entity environments and these "best
practices" are not necessarily relevant to small- and medium-sized entities. This
course will show you some best practices for designing, implementing, monitoring,
evaluating, and auditing cost-effective internal controls for small- and mediumsized


ASCPA Learning Center
4801 E Washington St Ste 180
Phoenix, AZ 85034-2040

Registration Time



Non-CPA Staff:
Non-CPA Staff (100% club):
Non-CPA Staff (sole proprietor):
Accounting & Auditing


  • Identify a variety of specific internal controls that can be implemented in a cost-effective manner for each component of the updated COSO Integrated Framework in both small and medium-sized entities and larger entities with decentralized operations.
  • Recall why a "one-size fits all best practices" approach might not be appropriate for many entities.
  • Recognize the risks associated with the failure to implement internal controls and recall inexpensive compensating controls that could decrease these risks.
  • Identify different IT and manual controls that should be present in a variety of small and medium-sized entities.
  • Recall mitigating controls when primary controls are not available.

Course Level



AICPA More With This Vendor

Designed For

Accountants, auditors, managers, and others who are responsible for implementing, monitoring, evaluating, auditing and designing cost-effective internal controls for small
and medium-sized entities



Event Leaders

Helms, Glenn

Rating: 4.80

Dr. Glenn L. Helms was the Arthur Young Fellow in IT Auditing at the University of Houston and has served as Director of Certification for the International Certified Information Systems Auditor program. He has served on numerous national and international academic and professional committees including the American Institute of Certified Public Accountant’s Auditing Standards Board’s Computer Auditing Subcommittee and its Specialized Accreditation Board.

Dr. Helms has presented over 2,000 professional seminars throughout North and South America, Europe, and Asia. He has published over 60 articles in a wide range of practitioner and academic journals. He has served on the editorial advisory boards of several national and international journals. His books address security, controls and fraud in a variety of environments. He has numerous years’ experience in public accounting and serves as a consultant to various organizations including CPA firms, financial institutions, and large and small entities.

He has authored numerous CPE courses including – Internal Control Best Practices for Small- and Medium-Sized Entities, Purchasing, Inventory and Cash Disbursements: Common Frauds and Internal Controls, Revenue and Cash Receipts: Common Frauds and Internal Controls, Internal Control Essentials for Financial Managers, Accountants, and Auditors, Forensic Accounting Investigative Practices, Transaction Processing Controls Best Practices for Small- and Medium-Sized Entities, and IT Risk and Controls in Traditional and Emerging Environments Dr. Helms is a multiple year recipient of the Don Farmer Award, and also the Outstanding Discussion Leader Award from the AICPA for every year that the award has been presented. He has received similar awards from state societies and universities.

Dr. Helms is a 2012-13 recipient of the AICPA Outstanding Instructor Award and 2014 recipient of the AICPA Outstanding Discussion Leader Award

More With Helms, Glenn


  • The components of the updated COSO Internal Control Framework and related principles
  • Adapting the updated COSO internal control framework principles for small and medium-sized entities
  • Cost-effective controls that can be implemented in very small entities
  • Cost-effective transaction processing systems controls
  • IT and manual controls that can be implemented in a variety of processing environments

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