INTERNAL CONTROL BASED ON THE COSO REPORT Objective To use COSO, the Corporate Governance model, and COBIT, the Information Technology Governance framework, to achieve compliance with the SARBANES-OXLEY law 1 .Scope New paradigms. Methodology concepts of COSO. MEYCOR COSO AG basics, a tool for implementing internal control based on the COSO report. COSO Report In 1992 COSO published Internal Control— Integrated Framework, a report that established a common definition of internal control and provided a standard through which organizations could assess and improve their control systems. 2 .The COSO goals To improve the quality of financial reporting by focusing on corporate management, ethical standards and internal.
