Why is Control Environment considered the most importantcomponent of COSO’s internal control model?Why is...

80.2K

Verified Solution

Question

Accounting

Why is Control Environment considered the most importantcomponent of COSO’s internal control model?

Answer & Explanation Solved by verified expert
4.0 Ratings (412 Votes)
COSO is an Enterprise Risk management Integrated Framework published to define the Internal Control framework for business organisation particularly listed companies where the stakeholders are common people who invest in securities of the listed company COSO focuses on    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

In: AccountingWhy is Control Environment considered the most importantcomponent of COSO’s internal control model?Why is Control Environment considered the most importantcomponent of COSO’s internal control model?

Other questions asked by students