Internal Control - In Person Session


AUG 19



8:30 AM - 5:00 PM




7.5 Hours


0 Hours


Registration closed on

Aug 16, 2022


Before registering for this session, please note, it is going to be an in-person session and will be held at the Chartered Professional Accountants of Ontario office in at 130 King St. W. in Toronto. You MUST attend in person to participate, there will not be an option to join this session virtually.

Please carefully review the visitor protocols for attending an in-person session and ensure that:

  1. You have completed the Vaccination Status Attestation Form for CPA Ontario Visitors . You must also complete the Covid Health Assessment Form onsite upon arrival at the session. You will need to complete the COVID Health Questionnaire for every visit.

  2. Please note that masks must be worn in all common areas and when social distancing is not an option (this includes in the classroom and will be a requirement for all instructors and participants).

  3. Our training rooms are at 50% capacity to ensure social distancing, and sessions will be capped, so enroll early to avoid disappointment.
  4. CPA Ontario’s landlord, Brookfield Properties, continues to operate as per WELL Health-Safety Rating protocols, public health guidance, and the Public Health Agency of Canada with respect to precautions for limiting the spread of COVID-19.

This course provides practical guidance on evaluating and improving internal control systems in any organization. It updates CPA members on internal control standards and frameworks, and explores key topics including fraud prevention, the Sarbanes Oxley legislation, COSO, Canadian auditing standards and assertions, and practice inspection findings on internal control evaluation in Canada. CPAs will gain practical knowledge and will be able to lead on internal control issues in their organizations. The main components of Internal Control will be outlined, including Operations, Financial Reporting, and Compliance. Internal Control evaluation will be explored, as well as control activities and processes that can be put into place.


  • Components of Internal Control and Relationship with Governance
  • Warning Signs and the Absence of Internal Control
  • Using the COSO Framework and its Challenges
  • Internal Control Limitations
  • Canadian Auditing Standards
  • Canadian Audit Assertions related to internal control
  • Practice Inspection Findings – Deficiencies and Suggestions


This seminar is designed for CPAs in audit, management and in board positions. It will enable them to understand and deal with internal control issues to consider improvements in their organizations.


Summer Sale. Discount already applied.

$345.00 Personal Passport

$365.00 Organization Passport

$380.00 Member

$380.00 Student

$555.00 Public

Status: Registration closed on Aug 16, 2022


CPA Ontario - King, The Exchange Tower, 130 King Street West, Toronto, Ontario, M5X 1C9


Arun Mathur, FCPA/FCA, is Partner at Gerald Duthie & Co. LLP, providing professional services to a diverse group of clients. Arun is also Owner and Lead Instructor at UltimQuest Knowledge Inc., offering corporate training on improving governance, ethics, internal control, performance measurement and related topics. He provides live and online training through CPA institutes across Canada and Bermuda. Visit


Electronic material can be accessed one week prior to the course at and should be downloaded in advance.

Registration, cancellation, withdrawal and all other CPA Ontario PD Seminar policies can be found here.