Regarding company’s internal control, in 1992, in the US COSO (Committee of Sponsoring Organization) published — Integrated Framework - The internal control COSO Framework. This framework was revised and reissued in 2013. The number of international or national (including Georgia) standards and laws are based on this framework. It is successfully used by the managers and regulators, as well as by the internal and external auditors. What are the main principles of this framework? What is its significance during the company's operation?

Please, see the link below for the article: www.bm.ge