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Join this free online course to learn how to improve confidence in sustainability and nonfinancial data by establishing and maintaining effective internal controls. Sustainability is important for our planet, and it’s good for business. More now than ever, reliable integrated reporting is needed to drive business success.

Self-paced since October 2, 2018
Language: English
Subtitles (auto-generated): Deutsch, English, Français, Español

Course information

Course Summary

Sustainability has become an important topic for organizations across industries. But reporting sustainability data can be complicated. Since it is usually qualitative in nature and the results of sustainability-related decisions are typically observed in the longer term, sustainability information is difficult to measure. Once we find mechanisms for measuring this type of data, how do we trust it? How does management make critical decisions based on it? How can our investors, analysts, and other external stakeholders have confidence in nonfinancial sustainability data as they do with financial data?

This course will outline how the COSO Internal Control–Integrated Framework can help. The framework, since its inception, was always meant to apply to financial as well as nonfinancial data such as sustainability. You'll be taken through the five components and 17 principles of the framework to demonstrate how building and maintaining effective internal controls can help secure greater confidence in sustainability reporting.

By passing the course assignment and gaining a record of achievement, CMAs (Certified Management Accountants) and CFMs (Certified Financial Managers) will earn 3 CPE credits, which can be used towards your annual CPE requirements.

Course Characteristics

  • Starting from: September 04, 2018, 09:00 UTC. (What does this mean?)
  • Duration: The course is open for 4 weeks
  • Effort: 3-4 hours in total
  • Course assignment: You can take the course assignment at any time whilst the course is open.
  • Course closure: October 02, 2018, 09:00 UTC
  • Course language: English
  • How is an openSAP course structured?

Course Content

Unit 1: Introduction
Unit 2: The COSO Internal Control Framework
Unit 3: Control Environment
Unit 4: Risk Assessment
Unit 5: Control Activities
Unit 6: Information and Communication
Unit 7: Monitoring Activities
Unit 8: Recommendations

Target Audience

  • Finance and accounting professionals from all sectors and industries
  • Anyone interested in sustainability, internal control, or integrated reporting

Course Requirements

You don't need any specific prior knowledge.

Who created this course?

The course is a cooperation between openSAP and IMA (Institute of Management Accountants). The content is created and provided to you by Jeffrey C. Thomson, president and CEO of IMA.

To learn more about IMA® (Institute of Management Accountants), go to

Course contents

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Course End
Oct 02, 2018
Course Start
Sep 04, 2018


This course was rated with 4.4 stars in average from 338 votes.

Certificate Requirements

  • Gain a Record of Achievement by earning at least 50% of the maximum number of points from all graded assignments.
  • Gain a Confirmation of Participation by completing at least 50% of the course material.
  • Gain an Open Badge by completing the course.

Find out more in the certificate guidelines.

This course is offered by

Jeffrey C. Thomson

Jeff Thomson, CMA, CSCA, CAE, is president and CEO of IMA® (Institute of Management Accountants). Since assuming this position in 2008, Mr. Thomson led the development of a strategy resulting in IMA becoming one of the fastest growing accounting associations in the world, with double digit growth in its CMA® (Certified Management Accountant) program over the past five years. In January 2018, IMA crossed the 100,000-member mark for the first time in the organization’s history.