COSO ERM Framework Memo to Management Team
length:1000 word memo
APA format writing and proper heading and must have an introduction and conclusion
2 or more references
Barrington executive management members are questioning how AIS should be evaluated. They are aware of the internal controls required by Sarbanes-Oxley Act and are questioning if there are other evaluation criteria that should be considered. You are aware of the COSO enterprise risk management (ERM) framework that expands on the internal controls required by the Sarbanes-Oxley Act and want to advise management of this framework.
- In a memo to Barrington’s management discuss:
- The COSO ERM framework.
- How it includes and expands on the internal controls required by Sarbanes-Oxley Act.
- The differences between Internal-Control Integrated Framework and COSO ERM framework.
TO: BARRINGTON’S MANAGEMENT
FROM: Research team
SUBJECT: COSO Enterprise Risk Management Framework
For any business to be able to operate successfully, it is vital that the business is able to monitor its activities. Among the most important factors on this front is the issue of risk. All businesses have threats that affect the business in any way or another. It is often very important that a business is able to monitor….