Original Source: Journal of Accountancy

“The very name “internal control” poses a problem for companies when they deal with outsourced providers.

This internal responsibility for external functions has become one of the biggest challenges for companies in the 2013 update of the widely used internal control framework created by the Committee of Sponsoring Organizations of the Treadway Commission (COSO)…”

Contributors: Open Source
Categories: Industry Articles, SIG U Resource
SRC Type: Risk Management, Sourcing Management, Third Party Management