Jorge works in the accounting department of a public company. Jorge is tasked with preparing documentation of nonfinancial information for the company. In the COSO Internal Control Integrated Framework, where might Jorge look for guidance on how best to present the information?
A) Operations objectives section of the control objectives
B) Reporting objectives section of the control objectives
C) Compliance objectives section of the control objectives
D) Monitoring section of the control components

Question

Quizplus · Accepted Answer

The Reporting objectives section of the COSO Internal Control Integrated Framework specifically addresses how an organization should handle both financial and nonfinancial reporting. This section would provide Jorge with guidance on how to best present nonfinancial information, ensuring it meets the necessary standards and objectives for accurate and reliable reporting.

Jorge Works in the Accounting Department of a Public Company