COSO’s popular original internal control framework, released in 1992, was accepted by the SEC as a framework for A new guide released Thursday by the Center for Audit Quality (CAQ) is designed to ...

Reconciliations should be performed by a person independent of the basic process. A good internal control system provides a mechanism to verify that transactions and activity are for the correct ...

Internal control—a process affected by a college or university's governing board, administration, faculty, and staff—is designed to provide reasonable assurance regarding the achievement of objectives ...

Connecticut's Office of Policy and Management failed to control overtime and establish which agencies must submit single-year ...

At most, computer systems process transactions in corporate assets, but the internal accounting controls are concerned with the use and disposition of the corporate assets themselves. In other ...

Internal control as defined by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) is a process, affected by an entity's board of directors (trustees), management, and other ...

Develop and coordinate all policy related to the internal control program. Implement an on-going training process for all employees. (SMEs are identified across the university and specifically in high ...