The Audit Process, accounting homework help

(600 Words)

The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has developed a comprehensive framework for assessing the quality of a company’s internal controls with regard to their financial reportings. This organization is made up of representatives from the AICPA, the IIA, IMA, and other leading authorities in the field.

  • Using the framework issued by COSO, discuss the components and how they fit together to create a continuous internal control process.
  • Write a minimum of 2 paragraphs.
  • Then, choose a control that you find interesting, and do additional research to thoroughly explain it.
  • Be sure to share your references.
 
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