About this document
COSO Internal Control Components Explained by Andy Le is a document available to read on EtoBox.
The document outlines the 5 interrelated components of internal control according to COSO: 1) Control environment sets the tone of the organization, 2) Risk assessment involves identifying risks that interfere with objectives, 3) Control activities are policies and procedures to address risks, 4) Information and communication involves systems to process events, and 5) Monitoring ensures controls are functioning as intended.
- Author
- Andy Le
- Language
- EN