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Write an interdepartmental memo that describes the importance of the COSO framework in fraud detection and risks that an organization might face that can be
Write an interdepartmental memo that describes the importance of the COSO framework in fraud detection and risks that an organization might face that can be mitigated by internal controls. Specifically, you must address the following rubric criteria: Describe the importance of using the COSO framework in building an organization's fraud detection strategy. Provide an example of how the COSO framework can be applied to the organization's overall fraud detection strategy. Identify risks the organization might face based on the control environment and control activities outlined in the COSO framework. Explain internal controls the organization can implement to mitigate the risks. Summarize the connection between risks the organization might face and the COSO framework
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