As expected, our professionals have been a part of many discussions over the past few weeks concerning the release of COSO’s new Internal Control – Integrated Framework. Companies have a lot of questions regarding timing and plans for implementation. We’ve published a few things that will provide insights on these questions, including a detailed FAQ paper, The Updated COSO Internal Controls Framework: Frequently Asked Questions, and an issue of The Bulletin dedicated to a discussion about the New Framework.
We also have both a video and podcast featuring Protiviti Executive Vice President Brian Christensen discussing the New Framework. You can watch the video below – I’ve also included a link to our podcast, in which Brian provides a great summary of what hasn’t changed in the New Framework, and what has.
Listen to our podcast: The New COSO Internal Control Framework – What Hasn’t Changed… and What Has