risk management

THE COMMITTEE OF SPONSORING ORGANIZATION OF THE TREADWAY COMISSION
COSO is a voluntary private sector organization dedicated to improving the quality of financial reporting through business ethics effective interna controls and Corporate Governance
COSO was originally formed in 1985 to sponsor the National Commission on Fraudulent Financial Reporting, an independent private sector initiativewhich studied the causal factors that can lead to fraudulent financial reporting and developed recommendations for public companies and their independent auditors, for the SEC and other regulators, and for educational institutions.
The National Commission was jointly sponsored by five major professional associations in the United States, the American Accounting Association, the American Instituteof Certified Public Accountants, the Financial Executives Institute, the Institute of Internal Auditors, and the National Association of Accountants (now the Institute of Management Accountants). The Commission was wholly independent of each of the sponsoring organizations, and contained representatives from industry, public accounting, investment firms, and the New York Stock Exchange.
TheChairman of the National Commission was James C. Treadway, Jr., Executive Vice President and General Counsel, Paine Webber Incorporated and a former Commissioner of the U.S. Securities and Exchange Commission. (Hence, the popular name "Treadway Commission"). Currently, the COSO Chairman is John Flaherty, Chairman, Retired Vice President and General Auditor for PepsiCo Inc.
 



COSO's ERMFramework Now Available
COSO's new Enterprise Risk Management — Integrated Framework is now available. The framework defines essential ERM components, discusses key ERM principles and concepts, suggests a common ERM language, and provides clear direction and guidance for enterprise risk management. Engaged by COSO to lead the study, PricewaterhouseCoopers was assisted by an advisory council composedof representatives from the five COSO organizations. Download the free executive summary. Order the framework and application techniques. Read the news release. View related FAQs. Download the PowerPoint presentation, "Applying COSO's ERM — Integrated Framework." (486 KB)
Control interno –Informe Coso
1. EnsayoControl interno
2. Introduccion
3. Normas generales de control interno
4.Evaluación de controles internos gerenciales
5. Informe Coso
6. Conclusiones:
RESUMEN
El presente documento presenta una compilación de cuatro trabajos relacionados con el control interno "informe COSO", tratándose los siguientes puntos en común: Definición, Componentes, Evaluación de Riesgos, Las Actividades de Control, Supervisión, Normas Generales del Control Interno, Misión y Objetivos,Asignación de Autoridad y Responsabilidad, etc.

EnsayoControl interno
Debido al mundo económico integrado que existe hoy en día se ha creado la necesidad de integrar metodologías y conceptos en todos los niveles de las diversas áreas administrativas y operativas con el fin de ser competitivos y responder a las nuevas exigencias empresariales, surge así un nuevo concepto de control interno donde sebrinda una estructura común el cual es documentado en el denominado informe COSO.
La definición de control interno se entiende como el proceso que ejecuta la administración con el fin de evaluar operaciones especificas con seguridad razonable en tres principales categorías: Efectividad y eficiencia operacional, confiabilidad de la información financiera y cumplimiento de políticas, leyes y normas.El control interno posee cinco componentes que pueden ser implementados en todas las compañías de acuerdo a las características administrativas, operacionales y de tamaño; los componentes son: un ambiente de control, una valoración de riesgos, las actividades de control (políticas y procedimientos), información y comunicación y finalmente el monitoreo o supervisión.
La implementación del...