Please be advised that BiblioCommons will not be available for a two hour period between 2 AM and 6 AM PST on Sunday, November 19th, 2017. We are conducting regular maintenance during this period, thank you for your patience.
Making The Transition To COSO's Updated Integrated Framework
Course Overview After two decades of change in the business environment, COSO has finalized its update of "Internal Control - Integrated Framework," including an additional focus on how the framework applies to external financial reporting. John McLaughlin, risk advisory services leader for BDO USA LLP, explains what you should be considering, and should start doing, in order to transition to the new guidance. Learning Objectives: Upon successful completion of this segment, you should be able to: identify the five components of internal control; recognize the significant developments in COSO's new internal control framework; identify points of focus from principle 8 of the COSO Risk Assessment Component; determine the levels of IT controls under COSO Principle 11.