Question
The COSO framework was developed by a consortium of concerned organizations after major frauds in US history like Enron and Tyco. It is now a
The COSO framework was developed by a consortium of concerned organizations after major frauds in US history like Enron and Tyco. It is now a critical component to an auditors work.
1.First can someone start discussion with listing the 5 COSO components and defining each ? 2.Give examples of each component and explain which COSO component is the financial auditor most concerned about ?
3.Is there a specific COSO component that is more important than others ?
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Cornerstones of managerial accounting
Authors: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
5th edition
978-1305302327, 130530232X, 978-1133943983
