For those of you who received roughly 30 article posts, all linking back to the same article from 2010, we do apologize!
COSO - updated "Internal Control -- Integrated Framework"
COSO is coming out with a revision to the famous 'COSO Cube' and they have submitted a draft for public comment. The COSO Cube provides the basis for all internal control infrastructures, including Sarbanes-Oxley implementations, and it gives guidance on how to structure and audit control procedures. PwC participate in the update and they have provided a nice synopsis below of the pending change:
Tags: Internal Controls, SOX, 404 audit, audit scope, COSO, Internal Control Education