The COSO Framework does not really apply to regular audits of public companies because external auditors are required to follow GAP and regulatory rules. Discuss.

1. Every company that has publicly traded stocks seems to include management's assessment of the effectiveness of the company's internal control over financial reporting. Is that a requirement?
2. What is the Fraud Triangle?.
3. COSO Principle 4 calls for the organization to demonstrate a commitment to attract, develop, and retain competent individuals in alignment with objectives. How can an organization achieve that goal in today's GIG economy?
4. What is a blockchain?
5. Discussion prompt: Internal Control is not infallible and can be defective. While those controls are improved upon as time goes on, what would cause those failures?
6. Discussion prompt: Whistle-Blower Allegations are a serious matter and should not be handled by management for fear of reprisal. Who should handle the allegation?
7. Discussion prompt: Who is responsible for hiring a corporation's external auditor?