Internal Control – Integrated Framework :Internal Control over External Financial Reporting: A Compendium of Approaches and Examples

Abstract

Internal Control – Integrated Framework sets forth three categories of objectives: operations, reporting, and compliance. The focus of the Compendium is the external financial reporting category of objectives, a subset of the reporting category. External financial reporting objectives address the preparation of financial reports for external parties, including:Financial statements for external purposes. Other external financial reporting derived from an entity’s financial and accounting books and records