DQ 4 - How does the commitment to competence of the COSO IC...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
How does the commitment to competence of the COSO IC Framework control environment relate to the quality control of assignment of staff to certain tasks on an audit engagement (See textbook, p. 329, Q. 7-25)? Support your position. Your initial post should be approximately 250- 500 words and cite at least one reference used in preparing your response. Participate in follow- up discussion by commenting on your classmates' posts or responding to follow-up questions posted by your instructor. All posts should be grammar and spell checked in Word. Comparison of new COSO (2011 version) to COSO 1992 Model 1. The new COSO (2011 version) is definitely an improvement over the old COSO (1992 version). 2. The principles approach is good guidance. It provides a foundation upon which to build your own control model. 3. The description and use of objectives, risk and compliance are also very good. Using and applying new COSO framework 4. The new COSO framework may be directly applicable to business or commercial or
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 03/29/2012 for the course ACC 491 taught by Professor Smith during the Spring '12 term at Grand Canyon.

Page1 / 2

DQ 4 - How does the commitment to competence of the COSO IC...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online