The new study and supplemental guidance is calledAchieving Effective Internal Control over Sustainability Reporting (ICSR): Building Trust and Confidence through the COSO Internal Control―Integrated Framework. Today, COSO’s ICIF is widely used. For public companies, they must comply withSection 404of...
Kim Pham gives an overview of the COSO framework, discusses the five pillars as well as how to implement it as a foundation for modern internal controls and fraud deterrents. In March of 2023, COSO released a study and guidance regarding internal controls over sustainability reporting (ICSR) ...