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Below are the 17 principles associated with the COSO IC model. Explain 6 of them and where they fit in the IC-integrated framework. Commitment to

Below are the 17 principles associated with the COSO IC model. Explain 6 of them and where they fit in the IC-integrated framework.

  1. Commitment to ethical values
  2. Board independence
  3. Organizational structure
  4. Commitment to competence
  5. Accountability
  6. Specify objectives
  7. Identify and analyze risks
  8. Consider potential for fraud
  9. Obtain and use information
  10. Internally communicate information
  11. Communicate with external parties
  12. Ongoing/separate evaluations
  13. Communicate deficiencies
  14. Select/develop control activities
  15. Select/develop technology controls
  16. Deploy through policies and procedures

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