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Essay

Corporate Compliance Report

Essay specific features

 

Issue:

Business

 

Written by:

William H

 

Date added:

June 26, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

6 / 1438

 

Was viewed:

3891 times

 

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Essay content:

It's not merely policy manuals and forms, but people at every level of an organization." Third, "Internal control can be expected to provide only reasonable assurance, not absolute assurance, to an entity's management and board." And lastly, "Internal control is geared to the achievement of objectives in one or more separate but overlapping categories" (COSO, Key Concepts, 2005)...
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These statements establish a realistic view of the limitations of COSO's recommended procedures and offer a reminder of the need for human diligence in auditing progress towards meeting objectives. COSO Recommendations Laminated Board Manufacturing, Inc. (LBM) is a small, but growing wood products company located in southern Oregon...
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General issues of this essay:
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