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COST 2013 Are You Aware of the Changes & Impact on SO xor FDI CIA? Webinar July 25, 2014 1:30 3:30 p.m. CT In May 2013, the Committee of Sponsoring Organizations (“COST or “COST 2013 “) updated
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Organizations that are subject to the Committee of Sponsoring Organizations of the Treadway Commission (COSO) guidelines and standards may need to fill out the coso b2013b form. This form is specifically designed to evaluate and assess the effectiveness of an organization's internal control system.
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COSO B2013 is a framework created by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) to help organizations design, implement, and maintain internal control.
Organizations that are subject to regulations or standards requiring the use of COSO principles for internal control may be required to follow COSO B2013.
COSO B2013 can be filled out by assessing the organization's internal control environment, risk assessment processes, control activities, information and communication systems, and monitoring procedures.
The purpose of COSO B2013 is to help organizations establish effective internal control systems to achieve their objectives and mitigate risks.
The information required to be reported on COSO B2013 may include assessments of risks, control activities, communication procedures, and monitoring processes.
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