Control Activities: Deterring Fraud Through Sound Internal Policies and Procedures
Of the five integrated components that comprise COSO’s internal control framework, the area of Control Activities stands out for its direct relevance in helping guard an organization against fraud. As defined by COSO, control activities consist of “the actions established through policies and procedures that help ensure that management’s directives to mitigate risks to the ... Read More
Pages: 4 Words: 879