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Saturday, 30 August 2008
 
 

Internal Control System - Structured Way to Manage Business

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Internal Control System - Structured Way to Manage Business

In the post Enron era, need of internal control system is growing in corporate world. Popular frameworks like COSO and COBIT are gaining popularity; Consultants have been busy with designing internal control system for the corporate. Further SOX Act made Internal Control as an integral part of the business practice. In this backdrop current paper highlights the need of internal control, internal control framework - COSO and COBIT, Major sections of SOX and success story of internal control at Mitsubishi
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