COSO

Understanding Internal Control Systems in the Banking Sector

COSO / July 16, 2024

The banking sector is playing roles as the most as the backbone of a country’s economy, by helping with monetary transactions, keeping deposits safe, and disbursement loans to individual or cooperation. Because of the banks play such an important role, it’s required to keep and maintain the bank’s operations running smoothly and effectively. One way …

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The COSO Framework and Benefits for Banking Sector

COSO / July 14, 2024

The COSO Framework has turned into a very important part of internal auditing and internal control in banking or financial sectors and other business sectors whereas the shareholders or top management requires for good governance, risk management and internal control system are in place. but where did this framework begin, and what’s its story from the start untill now? This blog …

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