Question 1. Discuss the COSO ERM framework, and how it includes and expands on the internal controls required by Sarbanes-Oxley Act. Discuss the differences between Internal-Control Integrated Framework and COSO ERM framework. (references)
Question 2. To use ERM to evaluate an accounting information system, the team must recognize the importance of the internal environment in a company. Discuss what elements are important when identifying the internal environment in a company. (provide References)