X
18Sep

[Video] 31 Days to a More Effective Compliance Program - What is the COSO 2013 Internal Controls Framework?

COSO was adopted in 1992 as a framework for basis to design and then test the effectiveness of internal controls. In 2010, it was deemed necessary to update this more than 20-year old COSO Framework, to provide a more supportable approach when adversarial third parties challenged whether a company has effective internal controls (such as the SEC). While the COSO 2013 Internal Controls Framework is designed for financial controls, I believe that the SEC will use this to review a company’s...
By: Thomas Fox
Source Url: https://www.jdsupra.com/legalnews/31-days-to-a-more-effective-compliance-p-04199/

Related

SECURE Retirement Legislation Passed in House, Pending in Senate

The SECURE Act is still pending in the US Senate, but the legislation passed the House of Representa...

Read More >

Business Continuity in the Event of a Coronavirus Pandemic

On February 13, 2020, we reported on recent guidance from the Center for Disease Control and Prevent...

Read More >

DOL’s White Collar Exemptions Final

After several years—and significant changes to the plans—the Department of Labor (DOL) finalized t...

Read More >

Annual HSR Threshold Adjustments Announced

FTC adjusts the Hart-Scott-Rodino Act size thresholds, raising the minimum size for reportable acqui...

Read More >

SECURE Act: Rethinking Estate Planning with Retirement Accounts

The Setting Every Community Up for Retirement Enhancement Act (the SECURE Act) represents the first ...

Read More >

NLRB Rolls Back Obama “Quickie” Election Rules

On December 13, 2019, the National Labor Relations Board (“NLRB”) announced changes to regulations...

Read More >