The COSO Framework may seem complex and too daunting to implement, especially for smaller not-for-profit entities. However, you may be further along than you think. Read this article for tips on how to make this internal control framework work for your organization.
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Small NFPs: Implementing the COSO Framework may be easier than you think
2 years ago · 3 min read
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No matter the size of your not-for-profit (NFP), internal controls are paramount and must be assessed and evaluated on a recurring basis. The Committee of Sponsoring Organizations of the Treadway Commission (COSO) 2013 Internal Control - Integrated Framework