[steve.kim]

So theres 5 components for Cosos Internal control and ERM.
I was always wondering do you have to memorize them in order like Environment-Assessment-Activity-Info-Monitoring? Or are they just 5 different things without any chronological order?
What about governance-stategy-performance-review-information,reporting?
And if they are all in order why is monitoring the last stage whereas in ERM information, reporting is the last one when they share the same traits in the last two stages?

[monikernc]

Read the free executive summaries Enterprise Risk and Internal Control
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[Author]

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