Primary Task Response: Within the Discussion Board area, respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
Library Research Project
You have learned that the internal control framework for most U.S. companies is the Committee of Sponsoring Organizations of the Treadway Commission (COSO) Internal Control — Integrated Framework, which was issued in 1992.
Using the Library and other research tools, complete the following:
Identify the Treadway Commission and discuss its origin, history, and purpose.
List the 5 components of internal control as defined by COSO.
Discuss at least 2–3 elements that are included in each component as it relates to Bovar Company.