The leading framework for designing and assessing internal controls
The COSO Internal Control - Integrated Framework (COSO 2013) is a comprehensive framework developed by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). It provides a structure for organizations to design, implement, and assess internal controls to achieve their objectives related to operations, reporting, and compliance. The framework is built on five integrated components, which are supported by 17 key principles.
COSO in AuditBoard:
Centralize all five COSO components across 17 principles for unified internal controls management- Streamline your SOX compliance program by leveraging the COSO framework to develop internal controls
- Foster cross-functional collaboration by utilizing COSO data across audit, risk, and compliance teams
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