COSO 2016 ICFR Executive_Summary.pdfVIP

Committee of Sponsoring Organizations of the Treadway Commission Internal Control — Integrated Framework Executive Summary May 2013 ISBN 978-1-93735-239-4 ©2013 All Rights Reserved. No part of this publication may be reproduced, redistributed, transmitted or displayed in any form or by any means without written permission. For information regarding licensing and reprint permissions please contact the American Institute of Certified Public Accountants, licensing and permissions agent for COSO copyrighted materials. Direct all inquiries to copyright@aicpa.org or to AICPA, Attn: Manager, Rights and Permissions, 220 Leigh Farm Rd., Durham, NC 27707. Telephone inquiries may be directed to 888-777-7707. Committee of Sponsoring Organizations of the Treadway Commission C o m m i t t e e o f S p o n s o r i n g O r g a n i z a t i o n s o f t h e T r e a d w a y C o m m i s s i o n Internal Control — Integrated Framework Executive Summary May 2013 This project was commissioned by COSO, which is dedicated to providing thought lead- ership through the development of comprehensive frameworks and guidance on internal control, enterprise risk management, and fraud deterrence designed to improve organi- zational performance and oversight and to reduce the extent of fraud in organizations. COSO is a private sector initiative, jointly sponsored and funded by: • American Accounting Association (AAA) • American Institute of Certified Public Accountants (AICPA) • Financial Executives International (FEI) • Institute of Management Accountants (IMA) • The Institute of Internal Auditors (IIA) Committee of Sponsoring Organizations of the Treadway Commission Board Members David L. Landsittel Mark S. Beasley Ri