Internal controls represent safeguards that protect a company's business operations and financial information. Business owners are typically responsible for developing and implementing internal ...

Blockchain technology can be used to improve risk management and create better controls for organizations, according to a new paper released Tuesday by the Committee of Sponsoring Organizations of the ...

This post concludes my exploration of internal controls and how companies can demonstrate compliance with the internal controls requirement under the Foreign Corrupt Practices Act (FCPA) by adhering ...

The Committee of Sponsoring Organizations grew out of a private sector initiative known as the Treadway Commission in 1987. COSO was tasked to develop and explain an integrated framework for the ...

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 ...

Following recent news exemplifying a lack of or failed internal controls within agencies throughout the county, a civil grand jury report recommends government entities to establish routine ...

SARBANES-OXLEY REQUIRES MANAGEMENT to include an assessment of internal controls over financial reporting, using a suitable framework, in the annual report. While a number of frameworks are available, ...

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

The U.S. Securities and Exchange Commission (SEC) recently settled charges against Texas-based oil company Magnum Hunter Resources (MHR) and several individuals for deficient evaluation of the company ...

Shinhan Investment Corp. noted on the 22nd that if internal control issues arise, the performance bonuses of all executives will be uniformly deducted. Shinhan Investment Corp. entered a crisis ...