COSO Slides

Yuvaraaj Velayutham
MANA181049
 What is changed What remains

Overview business and operational Core internal control processes stays

environment are considered the same

Operational and reporting objectives Three categories remains and 5

and coverage increases components of internal control remains

Additional approaches and examples Important role of judgement in deciding

relevant to operations, compliance, and , implementing and conducting internal
non-financial reporting objectives added control and accessing its effectiveness

A proper defined objective according to

the 5 components respectively ( entity Point of focus on the domains are the
level , division level,operational unit and same
function