Webinar: Is Your Organization Ready for the New COSO Framework?
Speaker Bob Hirth, COSO Chairman
In 1992, the Committee of Sponsoring
Organizations of the Treadway Commission (COSO) released its Internal Control – Integrated Framework (the
original framework). The original framework has
gained broad acceptance and is widely used around the world. It is recognized
as a leading framework for designing, implementing and conducting internal
control and assessing the effectiveness of internal control.
In 2013, COSO published an updated framework which takes into
consideration the dramatic changes in business and operations that have
occurred in the twenty years since the original framework was published.
What you'll learn
During this course, Bob Hirth, Chairman
of COSO, and James Comito of MHM’s Professional Standards Group, will cover:
- Changes and enhancements that have been made to the new framework, including the formalization of fundamental concepts that were originally introduced.
- Principles associated with the five COSO components in the updated framework.
- Items that companies should consider when transitioning to the updated framework.