Describe components and principles of the coso framework

Reference no: EM131154481

Internal Controls, COSO, and SOX

Write a paper on COSO and how it relates to Sarbanes-Oxley and the auditing of public companies in 700 to 1,050 words. Address the following:

• Provide a brief history of COSO.

• Describe the five components and 17 principles of the COSO Framework.

• Review your company's "Management's Annual Report on Internal Control over Financial Reporting" and "Report of Independent Registered Public Accounting Firm" (usually found in Section 9A of the Form 10-K) and explain why these reports are necessary.

Reference no: EM131154481

Questions Cloud

Evaluate the key features of language : Define language and lexicon. Evaluate the key features of language. Describe the four levels of language structure and processing. Analyze the role of language processing in cognitive psychology

Identify and describe the four types of suicide : Identify and describe the four types of suicide that Emile Durkheim delineated. Include in your description the particular way in which people who commit each type of suicide are connected to their society. Include an abstract, references, and the..

Identify the behavioral trend : Identify the behavioral trend that the authors are describing in this paragraph. The behavioral trend is thoughts of suicide and homicide in soldiers who have been in combat in Iraq and Afghanistan

Why inventory errors should not be ignored : In terms of this correcting feature, describe two or three reasons why inventory errors should not be ignored. Then describe the steps needed to correct these errors.

Describe components and principles of the coso framework : Describe the five components and 17 principles of the COSO Framework. Review your company's "Management's Annual Report on Internal Control over Financial Reporting" and "Report of Independent Registered Public Accounting Firm" (usually found in S..

Theories of purchasing power parity and interest rate parity : Fortunately, the theories of both purchasing power parity and interest rate parity don't have any problems. Do you agree with this statement?

What is the capability maturity model integration : What is the difference between object-oriented software engineering and conventional software engineering? What is the capability maturity model integration (CMMI)? What are the maturity levels?

Examine each part of argument for errors affecting truth : State your argument fully, as clearly as you can. Examine each part of your argument for errors affecting truth. Examine your argument for validity errors; that is, consider the reasoning that links conclusions to premises

Write out the steps of the conversion process : Write out the steps of the conversion process and include a short description of each. - Why is it hard to come up with a single, concise definition of conversion?

User Account

All Pages