In its most recent guidance for compliance with Sarbanes-Oxley section 404 requirements for smaller entities, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) has provided ...

Eight standards rolled out in 2006 by the Auditing Standards Board are sparking a cultural shift for auditors. The standards—Statement on Auditing Standards nos. 104–111—are designed to enhance ...

In this blog post I continue my exploration of how you should assess your compliance internal controls using the Committee of Sponsoring Organization of the Treadway Organization (COSO), publication ...

Far too often, companies incur unnecessary costs associated with implementing, operating and assessing internal controls, due to too great an emphasis on using canned internal control checklists and ...

As the business world focuses more on risk management, more people are turning to the frameworks developed by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). COSO is a ...

Many companies are aggressively documenting, assessing and testing their internal controls for financial reporting and disclosure to ensure compliance with Section 404 of the Sarbanes-Oxley Act of ...

An unfortunate reality of business life is that companies, large and small, need to be on the lookout for fraud. One of the ways you can do that is through a system of internal control, which refers ...

Strong internal controls are critical for helping to reduce the risk a business will fall victim to workplace fraud, waste and abuse. Internal control weaknesses expose a business to any number of ...

Last year, half of corporate insurance agencies (GAs) with fewer than 1,000 agents received the lowest grade in internal control evaluations by the financial authorities. On the 25th, the Financial ...