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Objectives of COSO Framework
Objectives of COSO Framework
If you do a through reading of the COSO framework, you understand the main objectives of the COSO framework. The COSO framework as such consists of three main objectives. I have made a listing of the same below:
- Effectiveness and Efficiency of Operations
- Reliability of financial reporting
- Compliance with applicable laws and regulations
The entire crux of COSO lies in the above three objectives.
More on COSO....>>
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