What are the five elements of COSO's 1992 Internal Control framework over financial reporting? Provide a definition

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What are the five elements of COSO's 1992 Internal Control framework over financial reporting? Provide a definition for each element and give a brief example of how this function can be applied to a community bank.

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Auditing Assurance And Risk

ISBN: 9780324313185

3rd Edition

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

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