09-15-2005, 03:44 PM
<blockquote id="quote"><font size="1" face="Verdana, Tahoma, Arial" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by iahmad</i>
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COSO Internal Control ¡V Integrated Framework defines internal control as a ¡§Process¡¨ to achieve the following objectives
â« Effectiveness and efficiency of operations;
â« Reliability of financial reporting;
â« Compliance with applicable laws and regulations;
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
can we say that these are the factors or benchmarks against which the internal controls can be tested?
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Be careful! Words speak....
<br />
COSO Internal Control ¡V Integrated Framework defines internal control as a ¡§Process¡¨ to achieve the following objectives
â« Effectiveness and efficiency of operations;
â« Reliability of financial reporting;
â« Compliance with applicable laws and regulations;
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
can we say that these are the factors or benchmarks against which the internal controls can be tested?
------------------------
Be careful! Words speak....