COSO vs COBIT
1. COSO is concerned with the fiduciary role of management, and Internal Control over (external) financial reporting. 2. Its sponsors are the American Accounting Association (AAA), AICPA, Financial Executives International (FEI), Institute of Internal Auditors (IIA), and Institute of Management Accountants (IMA). 3. Endorsed by SEC for SOX compliance. http://www.sec.gov/rules/interp/2007/33-8810.pdf While, 1. CobiT is concerned […]
