Which one of the following organizations is recognized for providing guidance on a framework for internal control ?
A) AICPA.
B) PCAOB.
C) IAASB.
D) COSO.

Question

Quizplus · Accepted Answer

COSO (Committee of Sponsoring Organizations) is recognized for providing guidance on a framework for internal control. The COSO framework is widely used by organizations to design, implement, and evaluate the effectiveness of their internal control systems. AICPA (American Institute of Certified Public Accountants) provides guidance on various accounting and auditing standards. PCAOB (Public Company Accounting Oversight Board) oversees the audits of public companies in the United States. IAASB (International Auditing and Assurance Standards Board) provides guidance on international auditing standards.

Which One of the Following Organizations Is Recognized for Providing