Research Paper: COSO Framework
The COSO framework of internal controls is practiced within companies around the world. The objectives of the COSO framework are closely related to its five components. For this week’s activity, please discuss these five components of the COSO framework. Be sure to include each components’ impact on each of the COSO framework objectives. What do you feel an auditor would most be concerned with during an IT audit? Lastly, discuss suggestions for integrating COSO framework compliance into a company in which you are familiar.
Your paper should meet the following requirements:
• Be approximately four to six pages in length, not including the required cover page and reference page.
• Follow APA6 guidelines. Your paper should include an introduction, a body with fully developed content, and a conclusion.
• Support your answers with the readings from the course and at least two scholarly journal articles to support your positions, claims, and observations, in addition to your textbook.
• Be clearly and well-written, concise, and logical, using excellent grammar and style techniques. You are being graded in part on the quality of your writing.
What do you think were the critical factors that fueled the need for IT governance? In what ways did ISO affect the standards for network security?
- Ask an interesting, thoughtful question pertaining to the topic
- Provide extensive additional information on the topic
- Explain, define, or analyze the topic in detail
- Share an applicable personal experience
- Provide an outside source that applies to the topic, along with additional information about the topic or the source (please cite properly in APA)
At least one scholarly source should be used in the initial discussion thread. Be sure to use information from your readings and other sources . Use proper citations and references in your post.