Which comes first, risk or control?
Can you assess the overall system of internal controls without considering risk management? I don’t think so, and neither does COSO. That is why there is a risk component in their internal control framework.
Discussions on Human Resources, Employment Law, Payroll and Internal Controls
By Norman D. Marks, CPA, CRMA | 3 Minutes Read
By Norman D. Marks, CPA, CRMA | 2 Minutes Read
By Norman D. Marks, CPA, CRMA | 4 Minutes Read
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