This assignment grants access to the recent publication of the Committee of Sponsoring Organizations of the Treadway Commission (COSO). The COSO Framework for Internal Control is the most recent guidance helpful to organizational leaders seeking to develop and implement good systems of internal control. Access information will be provided, it might be necessary to copy and paste the URL as the hyperlink might not function. The use the provided username and passwords.
For this assignment, select one component of Internal Control discussed in the framework:
Control Environment
Risk Assessment
Control Activities
Information and Communication
Monitoring Activities
Discuss the implications of the selected component or control area. How does this relate to the types of fraud you have studied, such as larceny? How do the controls you selected build a better culture in an organization? Refer to another independently researched case to set a real-world example. Toward the end of your discussion of the component you considered, comment on how that component interacts with or supports other components in making up the whole. The Report, including a reference list, is to generally comply with the American Psychological Association (APA) style rules. This report should not exceed two pages but no less than one. Use one-inch margins, 12 pt. font, single spaced with double spacing between paragraphs.