Imagine, for example, that a CFO at a manufacturing company was using the COSO framework to ensure the effectiveness of its system of internal control. The CFO (or the controller or internal auditor) ...

The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, has added a supplement to its widely used Enterprise Risk Management Framework, including detailed examples of ...

The framework should promote process optimization through regular reviews and the adoption of best practices. For example, you could implement robotic process automation to handle repetitive ...

A technique that has worked well for organizations is creating an internal control naming convention for their central control framework (i.e. ABC Company controls are ABC-01, ABC-02, etc.). This ...

The COSO framework, developed by the Committee of Sponsoring Organizations of the Treadway Commission, is one of the most commonly used internal control frameworks in both nonprofit and for-profit ...

The Committee of Sponsoring Organizations of the Treadway Commission published a framework for imposing internal controls over robotic process automation. COSO is jointly sponsored by the American ...