Assignment
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) is a joint initiative to combat corporate fraud. In 1992, COSO released its "Internal Controls - Integrated Framework." The COSO Internal Control Framework creates a foundation of internal controls.
Read "Chapter 4: Effective Internal Controls Over Payroll," and discuss how COSO's 5 main components are relevant to payroll.
Keep in mind the 5 main components are the following:
• Control environment
• Risk assessment
• Control activities
• Information and communication
• Monitoring.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.