Exploring Hybrid Auditing Methods in Corporate Governance
Project led by Gunilla Eklöv Alander delves into assessing security in corporate governance without an internal audit function. The study examines various professions contributing to digitalized internal control environments and analyzes the traditional division of responsibilities between internal
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Understanding FDICIA, SOX, and COSO Regulations
This content explores the significance of COSO, FDICIA, and SOX regulations for boards, audit committees, and management teams in financial institutions. It covers the distinctions, compliance requirements, and key considerations related to internal controls over financial reporting, ERM programs, a
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Understanding the Three Lines of Defense in Risk Management
Explore the key principles of COSO framework and the responsibilities of the three lines of defense – Control Environment, Risk Assessment, Control Activities, and Information & Communication. Learn about the main responsibilities within each line for effective risk management and control.
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Republic of South Africa (RSA): COSO Components 2 & 3 with 3 Lines of Defence Approach
The presentation delves into RSA's approach to the COSO components, focusing on Risk Assessment and Internal Controls. It discusses the legislative mandate, Treasury regulations, and the COSO Internal Control Integrated Framework. The Risk Assessment section covers levels, matrices, and key instrume
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Understanding Internal Controls and the COSO Framework
Internal controls play a vital role in organizations, providing reasonable assurance on achieving objectives. The COSO framework outlines the five integrated components of internal control, emphasizing the importance of control environment, risk assessment, control activities, information, and monit
1 views • 18 slides