Internal Control

What are the Four Types of Organizational Change?

Accounting, Finance, Internal Control

Change is inevitable in the modern world. Every organization changes at some point in its lifecycle. Usually, this process is crucial to stay relevant and maintain viability. Change is also critical to help organizations grow and scale beyond their current levels. This change can come in many forms. However, these usually come with similar objectives […]

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Five Components of Internal Control Under the COSO Framework

Internal Control

The COSO Framework was developed by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). The COSO Framework was developed to assist organisations to design or evaluate internal controls. The COSO Framework can also be applied across various types of organisations from profit-orientated to non-profit-orientated organisations. The COSO Framework focuses on five integrated components

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