What IS COSO ERM updated framework ?

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  • #1753476
    busy
    Participant

    What are the changes now as compared to the ones earlier ?

    Read it will be tested from April 2, 2018.

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  • #1753922
    cometssaywhoosh
    Participant

    I got an email from Wiley about it and while it looks different, the concepts are similar. Instead of using component names like “Control Environment” and “Monitoring” they instead use names like “Governance and Culture” and “Review and Revision”. The majority of the terminology appears to be the same, just a few changes, and even then I think if you really don't know what it is you can logic your way through it. Also, I think since it's so new that some of them will be pretest questions.

    AUD: 71, 77

    BEC: 81

    FAR: 55, 80

    REG: 77

    1/2018-9/2018

    "Free at last, Free at last, thank God Almighty I'm free at last!"

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