Page 466 - COSO Guidance

Authors

Frank J. Martens, CPA Dr. Larry Rittenberg
Pacific Rim Risk Ernst & Young Emeritus Professor of Accounting at the
Management Services Ltd. University of Wisconsin-Madison School of Business

Acknowledgements

We would like to recognize the COSO Board: Paul J. Sobel (Chair), Richard F. Chambers (IIA), Bob Dohrer (AICPA),
Daniel C. Murdock (FEI), Douglas F. Prawitt (AAA), Jeffery C. Thompson (IMA) for their support of our work.

COSO Board Members

Paul J. Sobel Daniel C. Murdock
COSO Chair Financial Executives International

Douglas F. Prawitt Jeffrey C. Thomson
American Accounting Association Institute of Management Accountants

Robert D. Dohrer Richard F. Chambers
American Institute of CPAs (AICPA) The Institute of Internal Auditors

Preface

This project was commissioned by the Committee of Sponsoring Organizations of the Treadway Commission
(COSO), which is dedicated to providing thought leadership through the development of comprehensive
frameworks and guidance on enterprise risk management, internal control, and fraud deterrence designed to
improve organizational performance and governance and to reduce the extent of fraud in organizations.
COSO is a private-sector initiative jointly sponsored and funded by the following organizations:

American Accounting Association (AAA)

American Institute of CPAs (AICPA)

Financial Executives International (FEI)

The Institute of Management Accountants (IMA) Committee of Sponsoring Organizations
of the Treadway Commission
The Institute of Internal Auditors (IIA) c oso . or g