Question: COSO's Internal Control- Integrated Framework is used by many companies as a tool to design and improve their internal control systems. COSO also issued Enterprise
COSO's Internal Control- Integrated Framework is used by many companies as a tool to design and improve their internal control systems. COSO also issued Enterprise Risk Management-Integrated Framework, which extends the Internal Control- Integrated Framework to the more encompassing topic of enterprise risk management. Compare and Contrast these two frameworks by discussing (1) the components they have in common, and (2) the components added to the Enterprise Risk Management- Integrated Framework that are not part of the Internal Control- Integrated Framework.
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