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The COSO Framework Update

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Author

Compliance Week

Length

11 pages

Key Takeaways

  • The differences in the updated COSO Framework from the older version and what companies will need to do to bridge the divide
  • How auditors are under more pressure to scrutinize internal controls and what it means for companies
  • What's driving companies to adopt the new framework and what they can do if they decide to delay implementation

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