First released in 1992, the COSO (Committee of Sponsoring Organizations) internal control framework has become a standard internal control assessment measure for AICPA public accountants, Sarbanes-Oxley internal control rules, internal auditors, and others worldwide. Now after more than twenty years, COSO will be releasing its first revision to this internal control framework, which will include financial and nonfinancial reporting, as well as both internal and external reporting objectives, assets that were not included in the original model. Executive's Guide to COSO Internal Controls provides all the guidance you need to remain fully compliant with the 2013 version of the COSO framework. This book provides an executive-level description of the new COSO 2013 internal control framework, exploring the components of the new framework, as well as the elements particularly important to enterprise business operations. Looking at COSO's three-dimensional framework and the importance of the internal control framework's elements, topics covered include COBIT and both ISO internal control and risk management standards, with an emphasis on building and implementing effective enterprise internal controls. Written by renowned risk management leader Robert Moeller, Executive's Guide to COSO Internal Controls presents straightforward guidance on: The importance of effective systems on internal controls in today's enterprises The new COSO 2013 framework for effective enterprise internal controls with detailed sections covering each of its elements What has changed since the older 1990s internal control framework How to incorporate improved risk management processes as part of the new COSO 2013 framework The importance of IT systems and processes under the new COSO 2013 framework Risk management techniques under the new COSO 2013 framework Read Executive's Guide to COSO Internal Controls for the ultimate executive guide to changing systems and processes when implementing the new COSO 2013 framework.