More Hints on Putting New COSO to Work
 

More Hints on Putting New COSO to Work

At the annual national conference of the American Institute of Certified Public Accountants, SEC Deputy Chief Accountant Nili Shah definitively said that SEC staff will not give companies grief in 2015 if they don’t use the updated COSO Internal Control — Integrated Framework released in 2013, intended to wean companies off the woefully outdated original COSO framework from 1992. Read more on Compliance Week.