More than half of financial statement frauds involve sales and accounts receivable, according to the Committee of Sponsoring Organizations of the Treadway Commission. (COSO is a joint initiative of five private sector organizations that develops frameworks and guidance on enterprise risk management, internal control and fraud deterrence.) But why do fraudsters tend to target accounts receivable? 324 more words
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Chop Knuckle Entertainment presents “Fete” in new single titled Coso. Fete is an Upcoming music producer, singer, rapper, and song writer, a king’s college old boy, Graduate Urban planner and post graduate architecture student from the prestigious University of Lagos. 51 more words
If you are an audit committee member of a public company your audit committee charter might and in some cases must in some manner list risk management oversight as a responsibility. 894 more words
COSO, or the Committee of Sponsoring Organizations of the Treadway Commission, is a sponsor of the National Commission on Fraudulent Financial Reporting.
They’ve developed a standard framework of recommendations on internal controls that can be applied to any type and size of entity. 58 more words