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What is the Committee of Sponsoring Organizations (COSO)? Summarize its history and explain why it is relevant to auditing.

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1. What is the Committee of Sponsoring Organizations (COSO)? Summarize its history

and explain why it is relevant to auditing.

2. Explain what internal control means and explain how internal control relates to auditing.

3. Discuss the term audit programs – what are they are why are audit programs important to the audit process?

 
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