ACC 491 WEEK 4 Internal Controls, COSO, and SOX

ACC 491 WEEK 4 Internal Controls, COSO, and SOX

Write a paper on COSO and how it relates to Sarbanes-Oxley and the auditing of public companies in 700 to 1,050 words. Address the following:

• Provide a brief history of COSO.
• Describe the five components and 17 principles of the COSO Framework.
• Review your company’s “Management’s Annual Report on Internal Control over Financial Reporting” and “Report of Independent Registered Public Accounting Firm” (usually found in Section 9A of the Form 10-K) and explain why these reports are necessary.

Click the Assignment Files tab to submit your assignment in a Microsoft® Word document.

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ACC 491 WEEK 4 Internal Controls, COSO, and SOX