College Essays-Internal Controls
Internal Controls
Use the Internet or the Strayer Library to research the internal control requirements under Sarbanes-Oxley Act (SOX) and the Committee of Sponsoring Organizations of the Treadway Commission‘s (COSO) guidance on internal controls. Be prepared to discuss.
From the e-Activity, examine the importance of the audit committee oversight related to the quality of the internal controls of an organization. Analyze the audit committee’s responsibilities regarding risk assessment and internal control monitoring. Indicate whether or not the audit committee is the best to perform the function.
