COBIT

In today’s date, any business dealing with finances (which is now a part of almost any business) must have faced or been aware of the high-profile internal as well as external risks including insider trading, financial malpractices, fraud, etc. Several control and assurance mechanisms have emerged for keeping on check among which the COBIT and…

COBIT and COSO are two alliterations that have a lot in common. COSO stands for The Committee of Sponsoring Organizations while COBIT stands for Control Objectives for Information and Related Technologies. These two organization’s function is to help companies organize and monitor financial reporting controls. However, there are a few differences between the two organizations,…