COSO, Guidance Documents resource Organizations & Associations OCEG Reviewed
COSO (Commitee on Sponsoring Organizations) guidance documents posted on the following topics: Enterprise Risk Management, Internal Controls and Fraud Deterrence.
COSO, Internal Control - Integrated Framework Guidance on Monitoring, Internal Control Systems, Volume III - Application Techniques (Exposure Draft, June 2008) resource Guides OCEG Reviewed
Public Comment Period Closed August 15, 2008
This volume (Application Techniques or Volume III) of COSO’s Guidance on Monitoring Internal Control Systems illustrates techniques used by organizations in applying principles outlined in Volume II (the Guidance).
This material is designed to be useful to those seeking to apply internal control monitoring techniques.
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From internal control to enterprise risk management (2005) resource Articles OCEG Reviewed
A truly comprehensive framework requires five components: (1) the establishment and maintenance of a sound control environment (corporate culture): (2) the regular, ongoing assessment of risk, (3) the design, implementation, and maintenance of control-related policies and procedures to compensate for identified risks; (4) adequate communication; and 5) the regular, ongoing monitoring of control-related policies and procedures to ensure that they continue to function as designed and to ensure that identified problems are handled appropriately.
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Information Technology Auditing and Cybercommerce: A Risk Perspective (2004) resource Articles OCEG Reviewed
Cybercommerce has taken many forms, and information technology (IT) auditors find that they have to audit them. The categories of e-commerce, including business-to-business (B2B), business-to-customers (B2C) and mobile commerce (m-commerce), make use of different core technologies. However, the common factor remains unchanged from the auditors’ perspective, i.e., risk and its potential to harm the integrity and accuracy of the data and decisions based on such data.
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Ethics and Compliance Risk Management (LRN, 2007) resource White Papers OCEG Reviewed
Ethics and compliance management is an ideal model and testing ground for a holistic, enterprise risk management (ERM) approach to risk management. It uses all the ERM components to achieve objectives in all the categories defined by the Committee of Sponsoring Organizations of the Treadway Commission (COSO).
Internal Control over Financial Reporting - Guidance for Smaller Public Companies, Volume 1: Executive Summary (COSO, 2007) resource White Papers Member contributionOCEG Reviewed
This small business guidance takes the concepts of the 1992 Internal Control – Integrated Framework and demonstrates their applicability for achieving financial reporting objectives of smaller publicly traded companies.
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COSO, Guidance on Monitoring Internal Control Systems Discussion Document resource Guides Member contributionOCEG Reviewed
This business guidance more fully develops the monitoring component of the Internal Control - Integrated Framework to assist companies in ensuring the effectiveness of their financial, operational, and compliance-related internal controls. All interested parties are encouraged to provide feedback regarding the clarity and usefulness of this guidance.
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OCEG Illustrated Series: # 6 How Can Automated Controls Help Identify And Manage Risk? resource OCEG Illustrated Member contributionOCEG Reviewed
Articles Page, The Committee of Sponsoring Organizations (COSO) resource Articles Member contributionOCEG Reviewed
Links to articles on from various resources on the COSO Framework and Principles of Internal Control. Articles date back to 1997.
COSO Internal Control Framework Resources resource Private Lists / Directories Member contributionOCEG Reviewed
A collection of articles, tools and resources related to COSO and the COSO model for internal controls, provided by KnowledgeLeader from Protiviti.
