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Welcome to Big4Guy.com. Big4Guy is an online resource where I will share with you the latest news, insights, knowledge and some experiences as a Big 4 consultant. We will discuss some of the important issues which organisations are facing today in the areas of information security, security and controls in SAP R/3, Oracle Applications, J.D.Edwards, Peoplesoft and various other ERP's. You will also find information on latest complaince regulations like Sarbanes Oxley, Basel II and so on. Big4guy will also attempt to provide valuable resources for individuals interested in examinations the CISA, CISM, CISSP, PMP and various other security certifications considered essential for entry in any Big 4 accounting, auditing and consulting firms. You are invited to post your comments and viewpoints to posts here. I sincerely hope this online journal will be useful to everyone from a budding student to a professional in the accounting, auditing, management and consultancy professions.

Post details: Objectives of COSO Framework

12/26/05

10:59:59 pm, Categories: Sarbanes Oxley, 74 words

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....>>

COSO Framework
Guidance for Small Public Companies