THE ASSESSMENT OF COMPANY-LEVEL CONTROLS is a critical part of complying with section 404 of Sarbanes-Oxley. The PCAOB says public companies must assess the design and operating effectiveness of these ...

COSO was adopted in 1992 as a framework for basis to design and then test the effectiveness of internal controls. In 2010, it was deemed necessary to update this framework, to provide a more ...

The UTS142 assigns direct responsibility to each institution's financial reporting officer to establish internal controls over the preparation of the annual financial report. Control activities are ...

Principle 10: Select and develops control activities. Principle 11: Selects and develops general controls over technology. Principle 12: Control activities established through policies and procedures.

MINSK, 28 March (BelTA) – The finalized draft decree on ways of improving the efficiency of control and oversight activities has been submitted to Belarusian President Aleksandr Lukashenko. The ...