Framework

COSO internal control framework

The question it answers

As the business grows or prepares to raise capital, which components must the CFO and board build into internal control so that figures and operations can be trusted?

Origin
COSO (2013)
Diagram type
Hub diagram
Level of analysis
Firm
Topics
Ethics & corporate governanceCorporate finance
Clay balance scale with two level glass pans, icon for business ethics

Diagram

COSO internal control framework

Internal control
Control environment
Risk assessment
Control activities
Information and communication
Monitoring activities

Sources

References

Listed A–Z by author surname, Harvard style. A source with a DOI links to https://doi.org/…; one without links to its page or says plainly that it has no DOI.

  1. Committee of Sponsoring Organizations of the Treadway Commission (2013) Internal Control – Integrated Framework.No DOIcoso.orgSource page