Audits and Controls Get an Update

Professional and oversight bodies seek to bolster COSO framework and related standards

Tuesday, February 01, 2011 , By Ted Knutson


Acknowledging how the business environment has grown more complex over the past two decades, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) is preparing a significant overhaul of its “Internal Control -- Integrated Framework” principles.

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