COSO has published a PwC-authored update to its framework, the first in over 20 years, which gives you an opportunity to refresh your controls for today’s environment.
Click on the following for PWC’s discussion: www.pwc.com
From PWC – short and sweet – COSO 2013 does deserve your attention. See also my prior September 13, 2014, post re COSO 2013 CLICK HERE. If you are required to follow COSO for your internal controls, or if you are required to follow at least some standards or processes for your internal controls, expect to be asked why not and what standards or processes you are following. Dave Tate, Esq.